Knowlens (India based Company) is a soft skills training platform focusing in the Corporate Segment. The company identifies that formal education in the Corporate segment has its limitations and targets to bridge the gaps, such as;
As such Knowlens provides training videos through a combination of interesting corporate stories, expert analysis of situations and exercises to evaluate learnings. The soft skills portal, unique film oriented methodology and multiple learning styles are key attributes.
Knowlens currently service about 50 corporate clients in India. Deliverables are training videos which are subscribed for by corporate clients (for their employees) for a defined period and fees (bulk or per user basis). The delivery happens essentially through a Web platform and Mobile Application.
For select corporates, videos are customised for a fee- while the IP is owned by Knowlens, future revenue is shared with the respective corporate.
Knowlens has already raised, Indian Rupees (INR) 1.6 Crore, till date. In this round, the target is to raise a further INR 50,00,000 (~USD 70,000). Future expansions would be focused on new training modules (soft skills/ compliance/ domain), content for corporate clients, adding technology capabilities and Exploring international expansion (starting with Middle East).
|INR (Indian Rupees)|
|1. Content Development||35,00,000|
|2. Technology Development||10,00,000|
|3. International Expansion||5,00,000|
Knowlens plans to develop more training modules relating to soft skills, compliance, domain expertise etc. through a mix of short and long format training. Specifically the firm wishes to provide content for several players in industry verticals (Healthcare/BFSI /FMCG / IT / Ecommerce etc). The plan is to create content on subjects which are horizontal in nature and hence applicable to all the industry verticals. Post development, the objective is to monetise the content across other clients along with international expansion.