Virohan, a Gurugram-based Adtech startup focused on healthcare, announced that it has raised an additional $ 1.3 million from existing investors Kiretsu Forum and Better Capital.
The round was joined by Priya Shah (General Partner of Thea Ventures), Vikas Gambhir (Partner – Grant Thornton), and Joydeep Battacharya (Partner – Ben & Company).
The company plans to use the funds to expand into new geographies across India, develop new training programs, develop materials in local languages and develop them on a technical front. Virohan said talks are underway to raise $ 7-10 million in Series B by the end of this year.
Founded in 2015 by Nalin Saluja, Kunal Dudeja and Archit Jaiswal, Virohan offers technology-based training for healthcare professionals such as OTs and lab technicians and administrators. The company bridges the gap between industry demand and the skills of healthcare workers.
Virohan runs hybrid classrooms on campus and provides online training across India, including Delhi, Faridabad, Pune, Raipur, Meerut and Nagpur. So far, it has trained more than 5,000 students and reached a student placement rate of 90 percent.
Speaking about the fund, Virohan co-founder and CEO Kunal Dudeja said in a statement,
“We have the confidence of our investors and the youth of our country and we are happy to support the need for massive healthcare training. The decision of investors to re-invest has given us more confidence in our goal of training 250,000 youth by 2025.”
Virohan has partnered with industry players such as GE Healthcare, Siemens Healthineers, Lenskart and more. It is currently working in partnership with UNICEF YUWAAH! The program, the GE program, the Indian Medical Association and more than 650 hospitals to identify specific training needs for paramedics and to ensure content is industry-related and job-focused. All of Virohan’s courses include in-hospital internships to study skills acquired beyond technical knowledge.
Priya Shah, General Partner, Thea Ventures, commented on the investment:
“We look forward to supporting the Virohan team in their transformative approach to training and enabling young people in India to seek relevant healthcare employment in the country’s top hospitals and dispensaries through state-of-the-art technology and blended learning tools.”
The goal of the startup is to expand the infrastructure of the existing all-channel training platform and develop new features to further enhance learning outcomes for students.
To enable students to become healthcare professionals like OT technicians, medical laboratory technicians and healthcare administrators, Virohan started another institute at Kailas, east of Delhi.
In early May, Virohan raised निधी 3 million in additional funding as part of a series A round led by Rebright Partners. Earlier, in August 2020, the healthcare adtech firm raised $ 2.8 million in seeds and Series A rounds from the Elijah Foundation for Ethics, the Sing Family Trust for globalization, in consultation with Earth Impact, Yunus Social Business, Better Capital and Keiretsu Forum. The startup’s additional funding has raised एकूण 4.3 million since its launch.
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