Last Updated on 17/10/2021 by Sanskriti
Better Capital, First Cheque, and Titan Capital led a pre-seed round of investment for edtech company Rocket Skills, which garnered 2.2 crores. Through a range of courses and mentorship programmes, the startup is a first-of-its-kind platform that develops the next generation of entrepreneurs.
This round was also attended by renowned angel investors Aprameya Radhakrishna (founder, Taxi for Sure and Koo), Harpreet Singh Grover (founder, Co-cubes), Abhinav Jain (founder, Shop101), and Pravin Jadhav (ex-CEO Paytm Money, creator Raise). The cash will be used to improve their product offerings as well as expand the programme to other industries.
The Gurgaon-based firm, founded in 2020 by Mohit Jain and Vibhu Bahuguna, seeks to provide budding entrepreneurs and small companies with the resources they need to establish a business and contribute to the government’s vision of “Aatmanibhar Bharat.” With an emphasis on micro, small, and medium-sized businesses in India (MSMEs).
The MSME startup is presently working with agri-entrepreneurs to provide material selected by certified professionals to equip them with the knowledge of how to create a company. In addition, the organization is developing intermediate courses in logistics, procurement, marketing, and sales, among other elements of the corporate life cycle.
The startup’s present concentration is on agriculture education, but it hopes to expand its course offerings to a wider audience in the future. Small companies benefit from access to specialist online training courses on topics including organic mushroom farming, farming, apiculture, biofloc fish farming, a variety of other modern agricultural techniques, and hydroponics.
“Rocket Skills is on a mission to help people start their small business and by bridging the knowledge and accessibility gap in an affordable manner. We are delighted by our investor’s faith in achieving this goal as we embark on our quest to create millions of new entrepreneurs in the country.” Mohit Jain, co-founder, and CEO said.
Rocket Skills is using the platform to bridge the gap between the MSME sector’s development potential and the country’s lack of infrastructure. The company is assisting businesses in becoming successful and contributing to the development of inclusive growth by forming a close-knit network of entrepreneurs. The enterprise has inspired interest from Tier II and III cities, resulting in over 10,000 paying clients, many of whom are running self-sustaining agri-businesses, just six months after going online.