Get All Access for $5/mo

Woman-Led Technology Startup Skills Caravan Raises Seed Funding The funding will be channeled towards expanding Skills Caravan's operations in the United States

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Skills Caravan, a Delhi-based SaaS B2B platform, has raised an undisclosed sum from angel investors. The funding round saw contributions from notable figures such as Abhishek Poddar (country head of Macquarie Group), Paras Berwala (head of TMT and EDtech at Investec India) and Deep Bajaj (co-founder of Sirona).

"The funding will be channeled towards expanding Skills Caravan's operations in the United States. We have achieved product-market fit and profitability with the solutions already implemented by numerous listed companies in India," remarked Sarita Chand, co-founder, Skills Caravan.

Founded by Sarita Chand in 2022, the startup provides a Learning as a Service platform that uses AI to deliver individualized educational resources, optimizing learning roadmaps for organizations, thereby enhancing employee potential and job performance.

"Skills Caravan brings together everything that employees need to learn to be more effective in their jobs in one place, and links learning to employee job performance. I believe strongly in the mission and the platform that Sarita has created," said Prof. Mohan Sawhney, the Associate Dean for Digital Innovation at Northwestern's Kellogg School of Management.

Before Skills Caravan, Chand co-founded Edupristine, a venture aimed at bridging the skills gap among professionals, that subsequently secured Series A and B funding from Accel Partners and Kaizen Private Equity, and then Edupristine was acquired by Adtalem Global Education.

According to the company, Skills Caravan, powered by AI, is set to transform learning and job performance in the financial services industry and other domains.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.

Growing a Business

Stop the Errors: Set a Review Process That Works

Mistakes make you look unprofessional and hurt your growth. Fix them today.

News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

News and Trends

Hyundai Motors India to Invest INR 38 Crore in Renewable Energy

The collaboration is set to establish a solar power plant with a 75 MW capacity and a wind power facility of 42.9 MW in Tamil Nadu, bringing the total renewable energy capacity to 118 MW.