EduBridge learning raises $2.5 million in series A round

BENGALURU: EduBridge, a Mumbai-based skill development platform that provides services to youth in semi-urban and rural areas, raised $2.5 million (Rs 17.1 crore) in a series A round led by Insitor Impact Asia Fund and Acumen Fund.

The firm plans to use the money to expand operations to Gujarat, Odisha, Jharkhand and Bihar, as well as strengthening their existing presence.

"We also plan to spend on integrating various technological applications into our system, improving accessibility of our services in rural India," said Girish Singhania, founder of EduBridge Learning.

The startup currently has 60 training centres in the north east, south and western India and claims to have trained 50,000 unemployed youth from rural India over the last five years.