Bversity, a Chennai-based education technology platform, announced that it has raised INR 1.5 crore in a seed round led by Nativelead, a firm that helps startups, especially in small towns of Tamil Nadu and Suresh Sambandam, founder and CEO of Kissflow. The funding round was also joined by other key investors, including Nagaraja Prakasam, chairman of Nativelead; Andi Giri, CEO of Soft Square; Prabhat Vivekanandan, Director of Richmond Hospitals; Ashok Bakthavachalam who is the chairman of KG Group; Ranjith Chakkath, CEO of Ninja Media and Satish Kumar chairman of Milky Mist.
Co-founded by four friends, Sudharsan Varatharajan, Raghul Jagannathan, Godwin Immanuel and Saiganesh V in 2022, Bversity is an upskilling platform that focuses on quality-oriented education for biologists in the form of captivating video tutorials, resourceful insights, engaging assignments, & handy experimental kits. It aims to bridge the industry-academic gap. The platform offers courses such as Neuroscience, Genomics, Molecular biology, Personalized medicine, Drug designing, Synthetic biology, etc. The startup claims that the courses it offers will help students become industry ready and find jobs in the field of biotechnology.
Speaking about the capital raised, Co-founder & CEO of Bversity, Sudharsan Varatharajan, said:
The Biotech industry is expected to grow to be $150 billion by 2025, and we have seen 8X growth in the number of new companies and job opportunities in this space in the last 3 years. We want to build a global biotech education brand.
Varatharajan further added:
The startup is now looking to raise its next round of investment to further expand and scale. With the funds that it has raised currently, the startup will build its team and also strengthen its tech capabilities.
Bversity is a place where biotechnologists from diverse backgrounds & professional aspirations get to connect & engage. Students can join up on innovative activities like talk shows, workshops, and other events to give learners a whole new, enriching perspective. The company is on a mission to make the subject as exciting & appealing as possible.
