Global co-curricular learning platform Homi Lab has raised ₹5 crore in a round of funding by startup investing platform Inflection Point Ventures. The funds raised are to be used for development of cutting-edge technology to democratise knowledge for young learners and exclusive content creation, as per a release shared by the company.
Homi Lab founder Srijan Pal Singh
{{^htLoading}} {{/htLoading}}
"Homi Lab is on a continued journey to build a brighter future for humankind by transforming the learning space with our model of training. IPV not only provides us necessary fuel in our journey in terms of capital, but also in terms of ideas, partnerships and people," founder Srijan Pal Singh said.
According to restructuring advisory services firm RBSA Advisors, Indian Edtech sector growth will be backed by growing demand as well as strengthening business models, and aided by facilitative governmental policy. The New Education Policy (NEP) has provided policy impetus by recognising the role of technology in education, the firm noted.
Inflection Point Ventures (IPV) is an angel investing platform with over 7000 chief experience officers (CXOs), high-net-worth individuals (HNIs), and other professionals working with startups.
{{/usCountry}}
{{#usCountry}}
Inflection Point Ventures (IPV) is an angel investing platform with over 7000 chief experience officers (CXOs), high-net-worth individuals (HNIs), and other professionals working with startups.
{{/usCountry}}
"Exposing young minds to futuristic learning programs, through technology, to enrich their understanding of non-academic but deeply insightful subjects like space, time travel etc., (and) enabling them to charter an unexplored territory is a commendable initiative by Homi Lab," IPV co-founder Ankur Mittal said.
IPV recently announced the launch of $50 million AIF Fund Physis Capital to invest in Series A and B growth stage startups. So far, the platform invested over ₹400 crore across over 120 deals.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/Global learning platform Homi Lab raises ₹5 cr in round of funding
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
_1654072397175_1654072406656.jpg)