B2B Edtech Startup AntWalk Raises $7.5M In Series A Round
AntWalk, a B2B edtech startup, has raised $7.5 million in a Series A funding round led by San Francisco-based VC firm GSV. Y Combinator and existing investor Matrix Partners India also participated in the funding round.
As per the startup, the raised capital will be used to strengthen its Learning Experience Platform (LXP) using gamification, build content pedagogy through R&D, and expand the sales and marketing team to widen the customer base.
AntWalk | For Professionals, By Professionals
Founded by Joybroto Ganguly, Basav Nagur, Sumit Gupta, Sriramkumar Sundararaman, and Sudhanshu Shekhar in 2019, AntWalk is a B2B edtech startup that helps organizations accelerate and transform their L&D model, paving the way to continuous learning for professionals.
It enables employees to learn in the flow of work, develop a growth mindset and propel their careers to the next level, in turn helping organizations achieve high Return on People Investment (RoPI).
Speaking about the development, Joybroto Ganguly, Co-founder and CEO of AntWalk,
“The name ‘AntWalk’ was inspired by the way ants communicate and share intelligence with each other when they walk, reflecting the act of ‘collaborative social learning.’ We are well on our way to building a robust edtech company focused on the global skilling opportunity by leveraging this power of collaborative learning and are excited to partner with GSV Ventures on this journey.”
AntWalk’s People Growth Platform offers effective solutions to improve employee development, enhance competencies of employees and develop newer ones that align with business goals, putting professionals’ role readiness at the center of learning interventions.
The startup aims to rejuvenate enterprise learning and development with a combination of industry-relevant content delivered by over 4,000 global professionals working at renowned firms through live group sessions, one-on-one coaching, and gamified content.
Deborah Quazzo, Managing Partner of GSV Ventures, said,
“GSV Ventures is proud to align with Joy and the team who bring passion and purpose to one of the toughest challenges in the corporate world—reskilling and upskilling employees to match dynamic job demands.”
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