$2.8 Million of Seed and Series A Funding Raised by Virohan to Scale Online Health Education to Millions in India
Gurgaon based leading healthcare vocational institute Virohan Pvt. Ltd.today announced raising $2.8mn across seed and series A funding. As part of the total fund raise, the seed round was led by Keiretsu Forumand series A round was led by the elea Foundation for Ethics inGlobalization and by the Singh Family Trusts, advised by Artha Impact with participation from founders and National Skill Development Corporation.
A training partner of NSDC and a Yunus Social business Investee company, Virohan works with GE Healthcare and the Indian Medical Association (IMA) among others across India to provide youth with a career in the healthcare sector and make available trained workforce to the industry.
The fresh investment round will enable Virohan to continue to introduce and expand new virtual technologies in the vocational training segment allowing for greater accessibility, scalability and immersion at affordable costs. Specifically, the company will also use funding to expand their content library by introducing standardized content to students in 15 additional languages and grow its partnerships from dozens to hundreds of institutions. Virohan’s vision is to educate more than a million students by 2025 through its best-in-class blended learning platform.
Due to the ongoing crisis, there is tremendous demand for healthcare workers across the world and the need for which will grow exponentially over the next decade as well. Despite a huge demand for their services, this sector is highly fragmented in India. There are massive predicted shortages across operating theatre technicians, radiology technicians and medical lab technicians. To combat this crisis, Virohan uses its standardized training model to rapidly train and connect its users with these fast-growing jobs in the healthcare industry.
The startup was incorporated in 2018 by the founders, Kunaal Dudeja (Co-founder & CEO), Nalin Saluja (Co-founder & CTO) and Archit Jayaswal (Co-Founder & CFO). Virohan bridges the gap between industry demand and the skills of the workforce by using its ‘technology skill stack’ through which they predict job demand for each job role across India, builds out the curriculum needed and delivers standardized training through blended and online learning.
The courses offered emphasize on development of core technical skills, language abilities, and life skills in the student through gamified blended learning delivered by its facilitators in classrooms or purely online on its myCareer app. All programs include long internships at hospitals for hands-on practice of the skills acquired. Virohan is a fee-based model and in order to encourage young people to join, financial linkages are provided with easy installment-based payback options after a job is secured by the users.