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Hyderabad-based Bower School of Entrepreneurship, an institution focused on entrepreneurship education, has raised Rs 11.5 crore in a seed funding round from a group of prominent High-Net-Worth Individuals (HNIs) and Astir Ventures.
The institution plans to use the funds to grow in Southeast Asia, the Middle East, Europe, and the USA over the next five years.
The proceeds will also help build stronger ties with universities, investors and industry leaders as it trains the next generation of entrepreneurs through hands-on, practical learning.
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About Bower
Founded by Pavan Allena, Bower runs a hands-on learning ecosystem through three main programs- Bower SEED introduces school students to entrepreneurship, money management and creative thinking. Bower UG is a college-level program where students build real businesses with guidance from experienced founders. Bower LEAD is a 4-month course that helps startup founders and professionals grow their businesses with expert support.
The institution is also working on Bower EDGE, an AI-powered platform that aims to make learning more personalized and engaging for every student.
The institution plans to open campuses in Southeast Asia, the Middle East, Europe, and the USA over the next five years. It earned Rs 1.5 Cr in revenue in Q4 of FY 24-25 and aims to use the new funding to reach over 15,000 students and grow its total revenue to over Rs 15 Cr.
In just three months since launch, it crossed Rs 1.5 Cr in bookings, supported by a team of 27 people and 63 faculty members.
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