Edmingle, SaaS platform for small and medium-sized training and coaching business, has raised $1 million in its pre-Series A round led by Indian Angel Network. Besides IAN, Keiretsu Forum joined the pre-Series A round along with previous investors including SucSEED Innovation Fund and Mumbai Angel Network.
Edmingle plans to utilize the funds to expand globally, scale its marketing and sales channels, as well as automate its product to help training businesses grow sales, and retain learners globally, the company said in a press release.
Founded in 2016 by Gaurav Doshi, Prashant Agarwal, and Harshit Sharaff, Edmingle is a SaaS platform for small and medium-sized training and coaching businesses to build their branded online training academy, scale their operations and manage their business end-to-end. The fully integrated, plug-and-play SaaS platform enables these training businesses to create, teach, grow and manage their course sales, training delivery, and operations.
The Bengaluru-based firm claims that more than 700 small and medium-sized training businesses and even some edtech companies across various categories have significantly reduced their technology investment and go-to-market time by at least 10 times by using its platform.
Edmingle competes with Prime Venture Partners-backed Winuall, Tiger Global-backed Classplus, and Lightspeed-backed Teachmint.