Get All Access for $5/mo

Lernern Raises $1 Million In Seed Round Funds will be used to strength technology, content development and cementing strong relationships with the industry

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

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

Pexels

Lernern, an edtech company providing apprenticeship, upskilling and further education opportunities to blue-collar workers, has raised a total of $1 million from its investors in Seed funding.

"Having co-founded and led one of India's leading skill development companies, Gram Tarang, for over 12 years, we have skilled over 360,000 youth in brick-and-mortar mode in rural and peri-urban areas and placed thousands into first-time blue-collar jobs in the industrial belts of Tirupur, Coimbatore, Chennai, PuneChakan-Ranjangaon, Gujarat, Hyderabad, Greater Noida, Manesar, Neemrana, Baddi, etc. This grassroot level experience has helped us deeply understand youth aspirations and their desire to learn and grow. I am delighted to have found an incredible group of individual and institutional seed investors, who believe in our capabilities, share our vision and most importantly, are equally passionate about the social change that Lernern aims to bring by enabling growth for our youth," said Abhinav Madan, co-founder and CEO of Lernern, in a statement.

The newly infused capital will be deployed in three focus areas. First, the platform is being further developed to meet the specific requirements of blue-collar workers in the workplace and provides for synchronous and asynchronous learning. Lernern has partnered with Dr. Prasad Ram, the ex-CTO of Google India who has pioneered a unique navigated learning system called Gooru which uses AI and ML to navigate the learner's journey. The second focus area will be to develop content and academic partners across disciplines that will enable the blue-collar worker to acquire the knowledge, skills and academic credits. Thirdly, it will be used for the learn & earn business model, said the statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Thought Leaders

Creativity Isn't Just Something You're Born With — It's a Skill You Can Develop. Here's How.

Creativity is a vital skill for personal and business success, yet many people struggle to nurture it — or they believe they can't. Here are some practical steps and principles to align your mindset and emotions to enhance your creative potential.

News and Trends

CHOSEN and Clodura.AI Raise Early-Stage Funding

The Indian startups listed below have disclosed investment rounds.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Growing a Business

3 Non-Financial Factors That Could Impact Your Business' Value

For healthy companies that want to maximize their value, the qualitative indicators can be bundled into three main categories.

News and Trends

OPPO Announces AI Accessibility Plan for 50 Million Users by 2024

GenAI will significantly become a part of daily life, enhancing experiences in entertainment, mobile productivity, and more

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.