This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • More
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Explore

Contribute

  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews

ETR Resources

  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Socioeconomic Empowerment EdTech Youthful Savings Secures Capital Commitment From GEM Group
Aa
EdTechReviewEdTechReview
Aa
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Socioeconomic Empowerment EdTech Youthful Savings Secures Capital Commitment From GEM Group
News

Socioeconomic Empowerment EdTech Youthful Savings Secures Capital Commitment From GEM Group

 - Shalini-pathak
Shalini Pathak Published Jan 19, 2022
Share
4 Min Read
Socioeconomic Empowerment Edtech Youthful Savings Secures Capital Commitment from Gem Group - Socioeconomic Empowerment Edtech Youthful Savings Secures Capital Commitment from Gem Group
Socioeconomic Empowerment EdTech Youthful Savings Secures Capital Commitment From GEM Group
SHARE

Youthful Savings LTD, an EdTech company dedicated to socioeconomic education has signed an agreement with GEM Global Yield LLC SCS, a private investment group, for a subscription share facility that will allow Youthful Savings LTD to submit for a European public listing.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

As a part of the agreement, GEM commits to provide Youthful Savings LTD with a share subscription facility of €20,000,00 for a sixty month term following the public listing of the company shares on a European Stock Exchange. Youthful Savings LTD will control the timing and maximum amount of drawdown under the facility and has no minimum drawdown obligation. Concurrent to the public listing of Youthful Savings LTD’s shares, GEM will receive warrants to purchase shares in the company.

With this financing, Youthful Savings plans to expand its technology and reach more youth that are in need of socioeconomic and community development.

Founded in 2013, Youthful Savings is an online learning ecosystem dedicated to socioeconomic empowerment through mental wellbeing, economic empowerment, and community development. The platform provides youth online education through The Learning Marketplace and a platform to create global online businesses via Youthful Savings Marketplace.

Commenting on the latest development, CEO of Youthful Savings, Somya R. Munjal, said, “Youthful Savings was created to impact all youth with the necessary skills needed to thrive in the global economy. Now more than ever, it is important that we equip our youth with the knowledge and resources that will allow them to lead the world with compassion, collaboration and contribution. We are thrilled to have a commitment from the GEM group as we work to bring peace and prosperity to the world through the power of empowered youth.”

Through Youthful Savings, youth have the ability to create a more inclusive global economy, learn necessary real world skills like business, investing, bitcoin education, character development, restorative justice and many other skills that are not normally taught in the public school system. The learning ecosystem intends to unite the world through the power of sincere business and youth.

Global Emerging Markets (GEM) manages a diverse set of investment vehicles focused on emerging markets and has completed 500 transactions in 70 countries. The family of funds and investment vehicles provide GEM and its partners with exposure to, Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments.

Managing Partner and CEO of Capital Innovators, Judy Sindecuse, added, “Since investing in Youthful Savings in the early spring of 2020, we have seen the company grow and evolve to meet the ever-changing demands of the world. The company’s dedication to its mission of uplifting youth is inspiring. We are excited for this new opportunity to expand Youthful Savings’ reach and impact.”

Last year, Youthful Savings was named 101 Best NYC EdTech Companies by UK based Beststartup and is a Capital Innovators portfolio company.

TAGGED: Community, Economic Empowerment, EdTech Startups/Companies, Mental Wellness, Skill Development, Student Wellbeing
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
 - Shalini-pathak
Posted by Shalini Pathak
Follow:
Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
Previous Article Malaysian Online English Classes Provider Gurulab Raises $1m to Grow Its Edtech Platform - Malaysian Online English Classes Provider Gurulab Raises M to Grow Its Edtech Platform Malaysian Online English Classes Provider GuruLab Raises $1M To Grow Its EdTech Platform
Next Article Modo Labs Acquires Rojoserve - Modo Labs Acquires Rojoserve Modo Labs Acquires RojoServe to Accelerate Hybrid Workplace & Digital Campus Transformation
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

Latest Post

Female-founded Cleverbean Secured $200,000, Preventing Teach Burnout - Female-founded Cleverbean Secured 0,000, Preventing Teach Burnout
Female-Founded Cleverbean Secured $200,000, Preventing Teach Burnout
News May 29, 2023
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa - Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
News May 29, 2023
How to Develop an Entrepreneurial Mindset in Students - How to Develop an Entrepreneurial Mindset in Students
How to Develop an Entrepreneurial Mindset in Students
Insight May 29, 2023
from Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools - from Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools
From Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools
Insight May 27, 2023
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

You Might Also Like

Female-founded Cleverbean Secured $200,000, Preventing Teach Burnout - Female-founded Cleverbean Secured 0,000, Preventing Teach Burnout
News

Female-Founded Cleverbean Secured $200,000, Preventing Teach Burnout

May 29, 2023
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa - Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
News

Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa

May 29, 2023
Kira Learning Raises $15m in Series a Funding Round - Kira-learning-raises-m
News

Kira Learning Raises $15M in Series A Funding Round

May 26, 2023
Course-sharing Platform Acadeum Raises $12m to Expand Its Operations - Acadeum-raises-m
News

Course-Sharing Platform Acadeum Raises $12M to Expand Its Operations

May 26, 2023
San Francisco-based Staffing Startup Instawork Raises $60m in Series D Round - Instawork-raises-m
News

San Francisco-Based Staffing Startup Instawork Raises $60M in Series D Round

May 26, 2023
Uplifters Introduces Industrial Projects & Internship Programme for College Students - Uplifters-introduces-industrial-projects
News

Uplifters Introduces Industrial Projects & Internship Programme for College Students

May 26, 2023
Vias Campus Management Raises $3.3m in Series a Funding - Vias-campus-management-raises-m
News

VIAS Campus Management Raises $3.3M in Series A Funding

May 25, 2023
Niit Ltd Completes Demerger of Corporate Learning Business into Niit Learning Systems Ltd - Niit-ltd-completes-demerger-of-corporate-learning-business
News

NIIT Ltd Completes Demerger of Corporate Learning Business Into NIIT Learning Systems Ltd

May 25, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product for Review
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
newsletter
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?