Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 10 2018

Imarticus Learning raises $2 million from venture capital fund CBA Capital

The startup offers online and classroom-based educational teaching.

The edutech startup Imarticus Learning has raised $2 million in a Series B funding round from venture capital fund CBA Capital. The startup offers online and classroom-based educational teaching.

Imarticus Learning will utilise the series B capital towards expanding its international operations in Dubai, Africa, and Manila and for establishing institutes in cities like Ahmedabad, Kolkata and Indore.

The company was founded in 2012 by Nikhil Barshikar and Sonya Hooja. It provides learning in financial services, investment banking, IT, business analytics and wealth management through online and classroom learning.

In 2016, Imarticus Learning had raised $1 million from investor Blinc Advisors and high net-worth individuals. While, in 2013, the company raised a seed round of nearly $700,000 from Anil Gudibande, Co-founder of 1Crowd; Tashwinder Singh, Director at private equity firm KKR Capital; and Taranjit Jaiswal, Director at Barclays.

Vishal Bharat, Founder and Director at CBA Capital, said, "At this juncture, Imarticus needs sustained support to achieve its full potential in scaling both online and offline platforms to register massive growth. With the right resources, Imarticus Learning can accelerate its journey as a global leader in the tech-based up-skilling and cross-skilling domain."

Barshikar said, "The funding will not only boost the brand’s status as a leading edutech company, but also help us take it to the next level of growth."

Comment
image
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Lassi Bistro, one of India's trendiest chain of Lassi,..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Ice creams & Yogurt Parlors
    FROZEN RIBBONS are creamy ribbons of paper thin Ice-Cream. Awarded 'THE..
    Locations looking for expansion DUBAI
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets Less than 10
    Franchise Type Unit
    Headquater Dubai DUBAI
  • After School Activities
    About Us: Brightt kids began its journey from Pune and over..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Juices / Smoothies / Dairy parlors
    About Us: Founded in 2016 and now stand with more than..
    Locations looking for expansion Telangana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities