Edutech startup Rocket Skills, along with Better Capital, First Cheque, and Titan Capital raised Rs. 2.2 crore as pre-seed funding, LiveMint reported.

Investors like Harpreet Singh Grover (founder, Co-cubes), Aprameya Radhakrishna (founder, Taxi for Sure and Koo), Abhinav Jain (founder, Shop101) and, Pravin Jadhav (ex-CEO Paytm Money, founder Raise) also participated in the funding.

The proceedings from the funding will be used for improving their product offerings and expanding the program to other sectors.

“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 of the company told LiveMint.

The first of its kind startup was founded in 2002 by Mohit Jain and Vibhu Bahuguna. Rocket Skills primarily focus on micro, small and medium-sized enterprises (MSMEs). It aims to help budding entrepreneurs and small-scale businesses with the resources needed to start a business. 

The company also aims at building the next generation of entrepreneurs through a variety of courses and mentorship programs. 

According to LiveMint, through this new platform, Rocket Skills is addressing the gap between the growth potential of the MSME sector and the lack of infrastructure in the country. By building a tight-knit community of entrepreneurs, the company is helping businesses become profitable and contributing towards the promotion of inclusive growth.

TOPICS: MSME