Tutoring services firm Career Point Ltd has received Rs 4.2 crore ($625,000) from National Skill Development Corporation (NSDC) to provide skill training to youth in diverse trades. The money will be utilized to train 4.5 lakh youth in 36 diverse trades in multiple sectors over a 10-year period.
On-demand legal services provider HiGrit Services Pvt. Ltd has raised an undisclosed amount in seed funding from two Chandigarh-based investors. The funding will be utilized for product development. The company is also planning to launch an Android app by the end of July and start a calling facility for instant legal consultation.
Adtech startup MintM has raised an undisclosed amount in its pre-Series A round of funding from Mumbai Angels and Times Internet. The funding will be utilized for product development and international expansion.
Rainmaker Ventures has invested $5 million in YAAP, digital content service company. The funding will be utilized for acquisitions in the area of branding and visual identity, automated content distribution and content creation platforms. The additional capital will also fund the expansion of YAAP in Singapore and US markets.
Education financing marketplace GyanDhan has raised an undisclosed angel round of investment led by Stanford Angels and Entrepreneurs. The platform which provides loans to Indian students to fund their education abroad claims to have disbursed Rs 10 crore since its inception in May 2016.