Imarticus Learning raises USD 2 Mn from CBA Capital

Last Updated: Thu, Aug 23, 2018 13:42 hrs

[India], Aug 23 (ANI): Professional education platform Imarticus Learning has announced receiving funding worth USD 2 million from education-focused venture capital fund, CBA Capital.

With a step forward in furthering its vision, Imarticus Learning will utilize the capital towards expanding its international operations while also strengthening its stronghold in cities like Mumbai, Delhi, Hyderabad, Bangalore, Chennai, and Pune, where it is currently present.

The company will expand its presence across both domestic as well as international geographies, and will focus on its plans to establish its institutes in cities like Ahmedabad, Kolkata, and Indore.

"We are thrilled to partner with CBA Capital and successfully close this round of funding. The funding will not only boost the brand's status as a leading ed-tech company, but also help us take it to the next level of growth," said MD, Imarticus Learning, Nikhil Barshikar.

"We see great potential in Imarticus Learning's operational capabilities, its well-crafted educational programs, and its motivated management team ably led by Nikhil and Sonya. With the right resources, Imarticus Learning can accelerate its journey as a global leader in the tech-based up-skilling and cross-skilling domain," said Founder and Director, CBA Capital, Vishal Bharat.

With the firm's expansion deeper into the Indian market, as well as overseas, learners across various geographies can capitalize on the massive opportunity before them to reskill or upskill to target a wide range of careers. (ANI)