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HomeBusinessEdmingle Raises $300K From SucSEED Indovation Fund, Mumbai Angels

Edmingle Raises $300K From SucSEED Indovation Fund, Mumbai Angels

Edmingle’s proprietary software platform is designed to “CREATE, TEACH & GROW”, with a boundless ability to enable educators, entrepreneurs, and training businesses to launch branded online teaching academy websites and mobile apps to instantly launch and grow their knowledge businesses

Edmingle, the online teaching academy entrepreneurship enabler has secured $300,000 in Fundraise from Hyderabad headquartered SucSEED Indovation Fund, Mumbai Angels, and other angels including Gaurav Gulati, – Founder of ScaleX Partners a firm focused on early-stage investments and Jaideep Mehta- CEO VCCircle as part of its Seed round.

Edmingle’s proprietary software platform is designed to “CREATE, TEACH & GROW”, with a boundless ability to enable educators, entrepreneurs, and training businesses to launch branded online teaching academy websites and mobile apps to instantly launch and grow their knowledge businesses. Edmingle provides a subscription-based software platform to educators where they can build their courses, market them on their website/app and engage their students.

Over 4000 trainers are delivering their courses to over 3,00,000 learners across 30 countries. These trainers have turned their passion into a successful business selling courses worth 75 Crores and conducting live training sessions for over 90 Lakh minutes. During the pandemic, Edmingle has helped several training businesses completely digitize their classroom training, growing its top line by 400% over the last year.

Gaurav Doshi, the Founder, and CEO of Edmingle said, “Trainers have to heavily rely on marketplaces to sell their courses, often ending up sharing a large chunk of their earnings as commissions. With Edmingle, these trainers are now confidently running their courses on a platform they can call ‘THEIR OWN’ and transforming their passion into a sustainable knowledge business.”

He further added that “The seed funding we raised from SucSEED Indovation Fund and such established Angel Investors will help us take our mission to the larger market and also further strengthen our technology and operations).” Speaking on why they have invested in Edmingle, J A Chowdary, Co-Founder & Partner of SucSEED Indovation Fund, said, “Edmingle is a next-generation all-in-one platform which substantially reduces times to create, market, and sell online courses. I have interacted with enthusiastic professionals who have stepped into education to substantiate their covid-effected income from home using this platform. We believe their comprehensive and easy-to-use solution helps prepare and deliver online and offline courses in a faster and effective manner.”

Source: Business World

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