📺 Stream EntrepreneurTV for Free 📺

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. 
Starting a Business

Most People Have No Business Starting a Business. Here's What to Consider Before You Become an Entrepreneur

You need to find the right business opportunity at the right time and take the right steps to beat the odds.

Starting a Business

How Indian Startups are Etching Semicon Dreams

The growing focus of the Indian government on the semiconductor industry has led to a burgeoning number of semiconductor startups in the country, which are helping India realize its ambition of becoming a Semiconductor superpower

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Starting a Business

He Had a Side Hustle Driving for Uber When a Passenger Gave Him $100,000 — Now His Company Is On Track to Solve a Billion-Dollar Problem

Joshua Britton is the founder and CEO of Debut, a biotechnology company that's doing things differently.

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.

News and Trends

Can Deepfake Jeopardize Elections 2024? Startups Come Up With Coping Mechanism

The USA, Nigeria, and Bangladesh are a few that have been impacted by deepfakes during elections. The 2023 State of Deepfakes Report ranks India as the sixth most vulnerable country to deepfake