Mumbai-based Ed-tech firm, School of Accelerated Learning (SOAL), has raised an undisclosed amount from the investment arm of the promoters of Munjal Auto.
SOAL, a skill-tank nurturing students into disruptive, tech-empowered creators and future leaders. Incepted in the year 2017, the ed tech firm has grown to prominence with an 8x rise in its students. In the last 6 months alone, they have launched a new course in Product Design and a new campus in Mumbai.
Schools and educational institutions are closed from mid-March due to the pandemic.
It is also gearing up to offer programs in Product Management, Artificial Intelligence, Android Development, Blockchain and more.
Anuj Munjal, SARA Investments – Investment Wing of Munjal Auto Industries), said, “The country is still considerably lagging behind the global standards of contemporary education and innovation. Since digital is the only way forward, the youth needs to hone their skills in this direction. The founding team at SOAL has made a brilliant headway in transforming the country’s youth into aspiring creators of digital products, and I wholeheartedly share their splendid passion.”
The Mumbai-based trio Pratik Agarwal, Raj Desai & Varsha Bhambhani-Kanwal backed by reputed tech, business and education leaders from Zeta, T-Hub & IIIT-H, has been instrumental in solving the glaring double-pronged employment-skill gap caused by a financially exclusive, outdated education system that focuses on credentialing rather than skilling.