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2014-05-30

Delhi-based start-up SkillBoost secures angel funding

Delhi-based vocational training provider SkillBoost has raised angel funding from a group of private investors. The details of the deal have not been disclosed. SkillBoost is incubated by Indian Angel Network (IAN). It plans on spend the money to add more products to its portfolio, to grow the team and invest in marketing and sales.

Delhi-based vocational training provider SkillBoost has raised angel funding from a group of private investors. The details of the deal have not been disclosed. SkillBoost is incubated by Indian Angel Network (IAN). It plans on spend the money to add more products to its portfolio, to grow the team and invest in marketing and sales.

 

Founded by former investment banker Abhinav Verman, SkillBoost aims to turn professionals and students into serious learners using its offer and thus make them more employable.

 

As a Microsoft Learning Partner, SkillBoost currently trains workers and students in MS Excel. SkillBoost has an e-learning component as the assessment takes place online. According to the startup it has trained more than 1,000 employees from 15 companies in 12 cities to date.

 

Proficiency in Microsoft Office products is still a searched skill by many employers throughout the world. A 2013 IDC study commissioned by Microsoft found that proficiency with Microsoft Office applications ranks high at No. 3 of the top 20 in-demand skills globally. The study also found that 29 percent of high growth or salary occupations call for Microsoft Office or Microsoft Office-related skills, such as word processing, spreadsheets and financial reporting.

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