Total amount raised
$2.3 Millions
Latest funding date
01/01/2024
Location
Expertrons has successfully raised capital from notable investors, including Kunal Shah and Anant Maheshwari, through various funding rounds. The platform offers a range of career upskilling programs, including Post Graduate Certification Programs and self-paced courses, designed to enhance career prospects for individuals.
Keep reading to explore the intricacies of Expertrons' fundraising journey and the investors backing this innovative platform.
What Is Expertrons?
Expertrons, founded on February 4, 2019, by Jatin Solanki and Vivek Gupta, is an AI-based video bot platform headquartered in Mumbai, Maharashtra, India. The company operates in industries such as Artificial Intelligence, Career Planning, E-Learning, Robotics, and Training.
With a team of 51-100 employees, Expertrons aims to assist students and professionals in achieving their career goals through expert recommendations and various upskilling programs. The platform offers Post Graduate Certification Programs, self-paced courses, and virtual training and placement services, emphasizing 100% placement assistance and industry-renowned certifications.
How Much Funding Has Expertrons Raised?
- Funding Round: Seed Round
- Amount Raised: $2.3M
- Date: August 16, 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support product development and expand market reach.
- Funding Round: Seed Round
- Amount Raised: Not publicly disclosed
- Date: November 2, 2020
- Lead Investors: Batchery
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and scale operations.
- Funding Round: Seed Round
- Amount Raised: Not publicly disclosed
- Date: April 29, 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive product development and market expansion.
- Funding Round: Seed Round
- Amount Raised: Not publicly disclosed
- Date: July 26, 2022
- Lead Investors: Peaceful Progress
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support further development and expansion efforts.
- Funding Round: Seed Round
- Amount Raised: Not publicly disclosed
- Date: August 7, 2023
- Lead Investors: Hindustan Media Venture
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and global reach.
- Funding Round: Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 1, 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their reach in the career upskilling domain.
Total Amount Raised: $2.3M
Current Valuation: Not publicly disclosed
Key Investors
- Hindustan Media Ventures Ltd (HMVL)
- Details: HMVL is a prominent media company in India, known for its ownership of the job portal Shine.com. It has a significant presence in the print and digital media sectors.
- Investment Focus Areas: Media, technology
- Notable Investments: Shine.com
- Echjay Family Office
- Details: Echjay Family Office manages the wealth and investments of the Echjay family. It focuses on diverse investment opportunities to grow and preserve family wealth.
- Investment Focus Areas: General investment, technology, innovation
- Notable Investments: Not publicly disclosed
- Amar Ujala
- Details: Amar Ujala is a leading Indian daily newspaper and media company. It has a strong presence in the print media industry and is expanding into digital media.
- Investment Focus Areas: Media, technology
- Notable Investments: Not publicly disclosed
- Ivycap Ventures
- Details: Ivycap Ventures is a venture capital firm that invests in early to growth-stage startups. It focuses on nurturing innovative companies with high growth potential.
- Investment Focus Areas: Technology, startups, early to growth-stage companies
- Notable Investments: Not publicly disclosed
- Iceland Venture Studio
- Details: Iceland Venture Studio is a venture capital firm that focuses on early-stage technology startups. It aims to support innovative companies in their growth journey.
- Investment Focus Areas: Technology, early-stage startups
- Notable Investments: Not publicly disclosed
What's Next for Expertrons?
Expertrons stands at the cusp of significant growth opportunities, driven by strategic funding and the acquisition of Foxmula. The platform's mission to democratize career insights and mentorship aligns with industry trends favoring AI-powered solutions and upskilling. With a vast network of over 7,500 experts, Expertrons is well-positioned to expand its global reach and enhance its product offerings.
Future fundraising opportunities appear promising as Expertrons continues to innovate and form strategic partnerships, such as with Shine.com. However, the company may face challenges in scaling operations and maintaining the quality of personalized career guidance. Navigating competition in the edtech and upskilling markets will be crucial for sustained growth and investor interest.
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