PE Fund Investments
Training firm AITMC Ventures raises funds from IMK Capital
Gurugram-based AITMC Ventures, a vocational training and skill development organisation, has received an investment from IMK Capital at a valuation of INR 500 crore. Founded by Deep Sisai, AITMC provides training in agriculture, media, logistics and drones with 100+ training institutes across the country. It has partnerships with public sector undertakings (PSUs), national, and international organisations such as EDCIL India (Ministry of Education), Telecommunications Consultants India (Ministry of Communication), Indian Telephone Industry (Ministry of Telecom) and The Bharat Scouts and Guide. The new funds will be used to bolster research and development efforts, besides enhancing product offerings. In addition, it plans to establish 33 centres of excellence for agriculture and drone training in India and abroad.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
