TMI e2e Academy, Hyderabad-based training and placement firm, plans to raise US $ 6-8 million in next six months to support its expansion plans. TMI Group is one of India’s largest talent acquisition & talent management network with operations across India, Middle East & Europe.
T Muralidharan, TMI Group Chairman stated, “We are talking to PE firms for raising USD 6-8 million over the next six months to fund our expansion plans. TMI e2E Academy is a training and placement firm for fresh graduates and diploma holders with 0-2 years of work experience.”
TMI e2e had also launched a portal named, Jobsdialog.com, to generate jobs for unskilled labour in SME sector. Since its inception, the portal has till now received 75,000 registrations from employment seekers and about 2,000 registrations from MSMEs employers.
As part of expansion plan, the academy plans to cover entire Andhra Pradesh and Telangana regions by this year. In the next three years, it wants to expand its service to Tamil Nadu, Karnataka, Maharashtra, Uttar Pradesh and the National Capital Region.
With the registered turnover of Rs. 75 crore, the TMI group is planning to achieve a turnover of Rs. 250 crore in the next three years.