5. December 2019

IEG advises Smart Institute on its financing round

 

"In light of the increase demand for job-ready professionals with detailed industry knowledge, students today are looking towards smart classrooms, learning apps and on-the-go devices."

Akhil Shahani (The Shahani Group)
In light of the increased demand for job-ready professionals with detailed industry knowledge, students today are looking towards smart classrooms, learning apps, on-the-go learning devices

Read more at: https://yourstory.com/2019/12/funding-education-edtech-smart-institute-ah-ventures
In light of the increased demand for job-ready professionals with detailed industry knowledge, students today are looking towards smart classrooms, learning apps, on-the-go learning devices

Read more at: https://yourstory.com/2019/12/funding-education-edtech-smart-institute-ah-ventures
In light of the increased demand for job-ready professionals with detailed industry knowledge, students today are looking towards smart classrooms, learning apps, on-the-go learning devices

Read more at: https://yourstory.com/2019/12/funding-education-edtech-smart-institute-ah-ventures
In light of the increased demand for job-ready professionals with detailed industry knowledge, students today are looking towards smart classrooms, learning apps, on-the-go learning devices

Read more at: https://yourstory.com/2019/12/funding-education-edtech-smart-institute-ah-ventures

 

Smart Institute, the leading EduTech firm, secures an investment of USD 1.5m in a funding round from a clutch of investors led by the Mumbai-based ah! Ventures as a part of its larger USD 30m financing round, which the company will raise over the next year.

Goals for 2020

Smart Institute is a part of The Shahani Group. The company will use the fundraise to amplify the services of ask.CAREERS, and in turn, help candidates enhance their critical thinking, problem-solving, and time management skills while working closely with employers. It will expand its presence to 30 cities nation-wide.

The Shahani Group has mandated IEG – Investment Banking Group to execute the fundraise. Managing Director, Akhil Shahani states: “We expect to raise up to USD 15m in the next four to five months and reach a funding amount of USD 30m by the end of 2020. This institutional funding into our company indicates increased confidence among investors of the scalability of our employability model that will lead to superior career outcomes for lakhs of students across our country.”

For further information, refer to yourstory.com.

 

 

 

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