Summary
Non-academic skill learning platform Hobit draws strategic investors across various cities
They will use the funds on user base expansion and diversifying the courses
Hobit, an online learning platform for non-academic skills, has announced that it has raised USD 200,000 in its seed funding round. Founded in 2020 by Gaurav Dua, Arpit Tyagi and Lakshay Rohilla, the platform has drawn strategic investors across various cities to its movement.
As of the moment, the website has garnered approximately 35,000 users. With more than 50 tutors across India, Bahrain and the United Arab Emirates on the platform, it offers about 17 hobbies currently.
The Faridabad-based company pooled in investors including Vaibhav Mittal (CEO, AKC Group), Varun Hangloo, Rachit Poddar, Rajesh Gupta, Sharad Todi, and Marwari Catalysts Ventures (Venture Capitalist-cum-Accelerator). IVY Growth associates reportedly helped bring in more investors from Nagpur, Kolkata and Mumbai
Academics inarguably form the bedrock of student life but working on hobbies can give pupils an all-round development; Hobit provides that with its pre-recorded and live video sessions.
From mentorship programmes with professionals to its community-building technology, the hobby-centric platform aims to help students make the most out of the ongoing pandemic.
The company intends to use the funds for improvements, user base expansion and diversifying the courses. Hobit has high engagement from tier-2 and 3 cities in India and would like to focus on capturing a larger share of the same market.
Last updated on 09 Feb 2022
