School of Accelerated Learning (SOAL), a skill-tank nurturing students into disruptive, tech-empowered creators and future leaders, has raised Series A-1 funding round of about $1 million from SARA Investments, the investment arm of the promoters of Munjal Auto Industries Ltd.
The Mumbai-based startup will utilise the funds for skilling 3,000+ learners from the country, and advance its digital footprint within India and other developing nations.
Speaking on the investment round, SARA Investments’ Anuj Munjal said,
“India has substantial potential to capitalise, owing to its massive population. Unfortunately, the discrepancies in the country’s formal education system keep it from fully tapping into this talent prospect. The country is still considerably lagging behind the global standards of contemporary education and innovation. Since digital is the only way forward, the youth needs to hone their skills in this direction.”
“The founding team at SOAL has made a brilliant headway in transforming the country’s youth into aspiring creators of digital products, and I wholeheartedly share their splendid passion,” Anuj added.