iAugmentor raises Rs 1 crore funding from investors

NEW DELHI: Gurgaon-based education-start-up iAugmentor said that it has recently raised a funding of 1crore,collectively from National and International Investors like RAIN (Rajasthan Angel Investor Network) and few undisclosed investors.

iAugmentor was founded in February 2016, by Arindam Sen, Ankit Ruia, Pratik Marwah, Sameer Sikka and Sarvagya Mishra. The platform curates personalized skill-based learning activities and plans to invest the amount on enhancing &implementing new and numerous learning mediums such as games, animations, cartoons and expert videos for higher accuracy in the results. This will engage the learners achieve personalized learning depending on the inclinations.

This 6-month old Start-up brings technology, human intervention and a whole gamut of learning activities under one roof, with, plans to expand its footprint across India, African continent and Arabian Peninsula over the next 12 months.

Pratik Marwah, Co- Founder & COO of iAugmentor Labs Pvt. Ltd. said "The investment from Mahavir Pratap Sharma & RAIN is a validation of the iAugmentor platform as a need of the hour to prepare students and universities for the future"

Adding to this, Sameer Sikka, Co-Founder & CLO (Chief Learning Officer) of iAugmentor Labs, said "Personalized learning trajectory of learners on our platform, is going to be powered by millions of content items, across various learning media such as animations, cartoons games and expert videos to keep the learner engrossed. This investment will fund the continuous enhancement of iAugmentor's content repertoire"

In a short period of time, iAugmentor has been able to bring different universities on board, both nationally and internationally. iAugmentorrecognizes the value of skill education and promotes it to bridge the gap between students and corporate lives.

India, a country where youth represents 25%of the total working age population but 40% of them is unemployed(ILO, FAO, 2015),iAugmentor understands the need of the hour and are encouraging the acquisitions of aptitudes amongst youth that will upgrade their capacity to settle on their respective educated decisions with respect to life and work.