Virohan, a Gurugram-based healthcare vocational training company, has raised $2.8 million across its seed and series A funding rounds, the company has announced recently.
The seed round was led by Keiretsu Forum and series A round by the elea Foundation for Ethics in Globalization and Artha Impact, the impact investing arm of Rianta Capital (advisor to the Singh Family Trusts), with participation from founders and National Skill Development Corporation (NSDC), according to the company.
Founded in 2015 by Kunaal Dudeja, Nalin Saluja and Archit Jayaswal, Virohan focuses on providing the best learning opportunities to students to build a career in the healthcare industry. It works with GE Healthcare and the Indian Medical Association (IMA) among others across India to provide youth with the necessary healthcare training and make available trained workforce to the industry.
A training partner of National Skill Development Corporation (NSDC), Virohan aims to solve a critical problem that the country is facing – the shortage of technically skilled workforce for low and mid-level jobs. It bridges the gap between industry demand and the skills of the workforce using technology, through which it predicts job demand for each job role across India, builds out the curriculum needed and delivers standardized training through blended and online learning.
Speaking about the company and on the latest funding, the startup’s founders said in a joint statement,
“Workforce readiness is a huge problem in India. There is a huge disconnect between demand and supply of the skills in the workforce across sectors forcing youth to compromise on aspirations, income and location. We are thrilled to have the support of our incredible investors as we build the most efficient and scalable learning platform for current and future healthcare professionals.”
According to a company’s statement, the fresh funding will enable Virohan to continue to introduce and expand new virtual technologies in the vocational training segment, allowing for greater accessibility, scalability and immersion at affordable costs. Specifically, the company plans to use the fund to expand its content library by introducing standardized content to students in 15 additional languages, and grow its partnerships from dozens to hundreds of institutions.
Virohan’s courses emphasize on development of core technical skills, language abilities, and life skills in the student through gamified blended learning delivered by its facilitators in classrooms or purely online on its myCareer app.
Gurugram-headquartered Virohan claims to have trained over 3,000 students and has a placement rate of over 85%. It aims to educate more than a million students by 2025. The company currently has its operations in more than 10 cities across the country.