Hobit, an educational technology platform, earned $200K in early funding from Vaibhav Mittal and others
- ByStartupStory | February 9, 2022
Hobit, a non-academic skills learning platform, has announced that it has secured $200K in seed funding. Hobit, founded by Gaurav Dua, Arpit Tyagi, and Lakshay Rohilla during the first lockdown in 2020, is targeting the market for extracurricular activities/hobbies where people could learn from the industry’s top-notch artists.
It’s a virtual learning platform based in Faridabad that connects enthusiastic mentors and learners through live mentoring, interesting experiential learning, and community building.
Strategic investors such as Vaibhav Mittal (CEO, AKC Group; Investor; Entrepreneur), Varun Hangloo, Rachit Poddar (Angel Investor; London Business School), Rajesh Gupta, Sharad Todi, IVY Growth Associates, and Marwari Catalysts Ventures participated in the investment round (VC-cum-Accelerator).
IVY Growth Associates was a major contributor to the round’s success, as were a few other strategic investors from Nagpur, Kolkata, and Mumbai, all of whom will contribute to the company’s market penetration, growth, and long-term viability.
As of now, Hobit has over 50K+ members and 50+ tutors from three countries: India, the United Arab Emirates, and Bahrain. Hobit, the pioneer of India’s passion economy, claims to offer 360-degree solutions, empowering skills, knowledge, and bringing to life the dreams of possibly hundreds of millions of students from all walks of life across the country. According to a press release, the firm has collaborated with prominent artists and pedagogy experts to create a graded curriculum. These courses are taught in live online classes by experienced instructors and award-winning artists, and they can be taken from the comfort of your own home.
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