NumberOne Academy Raises Rs 3 Cr in Pre-Seed Funding

NumberOne Academy, an platform aimed at empowering SME entrepreneurs, has raised Rs 3 crore in a pre-seed funding round led by T.I.G.E.R Santosh Nair. 

Funding Utilisation

The company plans to use the funds to expand its range of business courses in Hindi and other regional languages, and to develop NOA into a Virtual Business Coach, according to a press release.

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Santosh Nair, said, "I am thrilled to partner with NumberOne to empower MSMEs and transform entrepreneurship in India. With a technology driven platform, we aim to reach every corner of the nation, fostering job creation and helping entrepreneurs achieve the four freedoms—time, money, relationships, and purpose—while preparing India for a brighter, self-reliant future."

Lajesh Kolath, Co-founder and CEO, ,NumberOne Academy, “We’re thrilled to be validated by an industry leader like Santosh Nair, confirming we are on the right track to support India’s MSME entrepreneurs. It’s also a personal achievement to receive investment from my former boss."

NumberOne Academy had previously raised Rs 1 crore in the same round back in Dec. 2023.

The company has already secured significant investments from notable figures, including Kochouseph Chittilapilly, Chairman of V-Guard, and Mohan Kumar, CEO of Strides Pharma Global Pte Ltd - Singapore, as well as investors from the Middle East and Kerala.

About NumberOne Academy

NumberOne Academy was co-founded in 2022 by Lajesh Kolath and Madhu Bhaskaran, is a platform designed to empower Small and Medium-sized Enterprises (SMEs) with technology and business skills. 

The company offers a learning platform with over 60 curated courses from more than 25 business coaches, covering areas like growth strategies, sales, marketing, branding, finance, HR, operations, and technology. This AI-driven platform is supported by in-person workshops and community events, creating a hybrid learning model to suit different learning styles.

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