2014-03-26

Chennai Angels invests in education start-up Skyfi Labs

South India\\\'s angel network The Chennai Angels (TCA) recently announced an investment in Skyfi Labs, a Bangalore-based education products and services startup. Spark Capital, an investment bank headquartered in Chennai, has co-invested in Skyfi.

Chennai Angels invests in education start-up Skyfi Labs

South India's angel network The Chennai Angels (TCA) recently announced an investment in Skyfi Labs, a Bangalore-based education products and services startup. Spark Capital, an investment bank headquartered in Chennai, has co-invested in Skyfi.

 

This round of investment was led by Padma Chandrasekaran, a TCA investor member and Vijay Radhakrishnan of Spark Capital.

 

Skyfi would use the funds to expand its reach to cover 1,000 new colleges, increase and refine the course offerings and enhance backend technology, a statement from the company said.

 

Pavan Ponnaganti, Founder and CEO, Skyfi Labs, launched the company in 2010 to enable Indian engineering college students to get practical, hands-on training.

 

Skyfi's praxis focused programs delivered by highly skilled trainers leveraging pre-packaged content and kits for each student, aims at addressing that gap that exists in developing practical skills for engineering students. Skyfi worked with corporate partners like Altair Engineering to develop course content and Boeing to conduct student competitions, according to the statement.

Related opportunities
  • Casual Dine Restaurants
    Kebabify (earlier The Kebab Trails), was started in the year..
    Locations looking for expansion Karnataka
    Establishment year 2022
    Franchising Launch Date 2021
    Investment size Rs. 10lakh - 20lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • TTK Prestige Limited - India’s largest kitchen ware company is..
    Locations looking for expansion KARNATAKA
    Establishment year 1957
    Franchising Launch Date 2003
    Investment size Rs. 20lakh - 30lakh
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater BENGALURU KARNATAKA
  • Diamond & Platinum Wears
    We at ORNAZ know better than anyone that choosing the..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Multi Cuisine Restaurant
    With over 23 years of hands on experience in Hospitality..
    Locations looking for expansion Punjab
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ludhiana Punjab
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads