The Gurugram-based firm, ENpower has recently proclaimed to have raised INR 2.65 crore in a seed funding round. Nikhil Vora, CEO, and Founder of Sixth Sense Ventures has led the funding round of the startup.
The fresh capital will help the company expand its outreach to 300 schools in the next 18-24 months and build out tech platforms to advocate innovation and entrepreneurship among school children, VC Circle reported citing ENpowers official statement.
Part of the capital will also be used to promote entrepreneurship search and mentoring platform -- India's Future Tycoons (IFT) -- for high-school students in the age group of 13 to 17, the company added.
The education startup renders various courses and workshops to the teenagers--Idea to Venture, Junior MBA, ENlabs, Design Thinking and Mind Your Own Business.
ENpower, which is administered by Enlearning Skill Development Pvt. Ltd, was established in 2016 by Sushil Mungekar. In the previous year, Arvind Narayanan, Executive Director of DBS Bank India, joined the company.
In the past months, various ed-tech platforms have captured several private equity and venture capitalists. Lately, the ed-tech firm, Bjyu has entered in the unicorn club by surpassing the $5 billion mark after receiving $150 million from Qatar Investment Authority this July.