ENpower aims to expand its reach to 300 schools in 18-24 months.
ENpower, The B-School for Teens, has received seed funding of Rs 2.65 crore from an investor consortium led by Nikhil Vora, Founder & CEO of Sixth Sense Ventures, India’s first domestic, consumer-centric venture fund.
ENpower has pioneered entrepreneurship learning programs for school children in the age group of 8-18 years. This seed round will help the company to expand its outreach to 300 schools in the next 18-24 months and to invest into building tech platforms that will enable an ecosystem of students, educators, corporate and start-ups to encourage innovation & entrepreneurship among young minds. The funds will also help in scaling IPs like India's Future Tycoons (IFT) to build larger awareness about the mission.
India’s Future Tycoons, is an entrepreneurship search and mentoring platform for high school students (13-17yrs).
Nikhil Vora, Founder & CEO, Sixth Sense Ventures, said, “The most fulfilling part of any investment is when it has the potent to make an impact. India has the youngest population in the world and thereby a thriving ideas market, needs to inculcate Entrepreneurship at a young seeding stage. Elated that the mission of ENpower is to engage with students in their formative years in grades 6-10 towards Entrepreneurship. I believe this is a huge catalyst and an ability to create a property akin to a Junior Shark Tank in India via India's Future Tycoon.”
Sushil Mungekar, Founder & CEO, ENpower, stated, “Nikhil coming on board is a great validation of our mission. Nikhil brings enormous expertise & a unique perspective on how to build sustainable consumer-centric businesses. His mentoring will surely help Team ENpower to build a brand that stands for trust, and purpose that scales to millions of students.”