An integrated skilling platform, FinX, has raised USD 6 million in seed funding from Elevar Equity. To speak of FinX, it is a robust platform dedicated to bridging the gap between formal education and employability in the BFSI sector.
This funding would be utilized to expand its geographical reach while expanding its product offerings, and diversifying itself into IT skill training. Additionally, it will also aid FinX in steering its technology platform further in devising scalable solutions that will meet the burgeoning demand for skilled talent across various sectors.
FinX was established back in 2019 by Himanshu Vyapak and Upasana Koul, wherein, it works with universities and colleges to bridge the gap between academic education and BFSI industry requirements. This is carried out by offering vocational and industry-focused courses alongside degree programs.
Furthermore, this Mumbai-based startup claims to have about 80 employees and over 1,000 trainers which will be spread across 100 cities in India. It also claims to have trained more than 40,000 students till date through partnerships with across 300 plus colleges across 12 states.
Before leading FinX, Vyapak had spent 16 years at Reliance Nippon Life Asset Management (RNAM), where he rose to the position of Deputy CEO.
