Y Combinator and existing investor Matrix Partners India also participated in the funding round, a senior company official said.
The company will use this fund for its strength. learning experience platform (LXP) using gamification, building on its content pedagogy through R&D, and expanding its sales and marketing team to grow its customer base, said Joybroto Ganguly, Co-Founder and CEO Antwalk,
Founded in 2019 by Ganguly, Basav Nagur, Sriramkumar Sundararaman, Sumit
Gupta and Sudhanshu Shekhar, Antwalk is an e-learning company that helps organizations accelerate and transform their Learning and Development (L&D) models, thereby paving the way for continuous learning by professionals.
It has over 4,000 experts from over 500 global brands offering enterprise L&D with a role-focused competence academies approach that combines a combination of industry-relevant content through live group sessions, 1:1 coaching and gamified content Is.
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According to the company, the enterprise L&D industry is expected to reach $402 billion by 2025.
“But the current L&D model is broken, siled and does not center the role of professionals in learning interventions. It is either dominated by self-learning materials such as MOOCs (Massive Open Online Courses), which have very low completion rates is or is operated by personal trainers who have limited bandwidth to refer and deliver technology driven learning experiences,” it said.
The company caters to the banking, financial services and insurance (BFSI), healthcare and software-as-a-service (SaaS) sectors.
“We are on our way to build a strong ed-tech company focused on the global skills opportunity by leveraging the power of collaborative learning and are excited to partner with GSV Ventures on this journey,” Ganguly said.
According to the company, in today’s world, one size does not fit all learning.
Whereas an entry-level sales associate will need a mix of self-paced content and 1:1 mock sessions to become better, a senior leader will need 1:1 coaching and live cohort sessions to learn with peers .
“Antwalk’s offerings are designed to meet the specifics of an employee’s needs, based on their function and role,” said Sundararaman, Co-Founder and Chief Operating Officer.
Deborah Kwazo, Managing Partner at GSV Ventures, said it is “proud” to be associated with the Antwalk team, “who bring passion and purpose to one of the toughest challenges in the corporate world – helping employees to meet the demands of a dynamic job.” remodeling and manipulating them.”