Aspiring Minds announced it has raised series A funding from Omidyar Network. Jayant Sinha, Partner, Omidyar Network India, will join the Board of Directors. Omidyar invests in profit and not-for-profit companies focused on social impact. Along with Omidyar Network, D S Brar also participated in the round. Currently, Brar is the chairman of GVK Biosciences and has also served as CEO of Ranbaxy until 2004. He was a Director at Reserve Bank of India until 2007.
Aspiring Minds will use the funding to extend its offerings to new verticals and expand to new geographies. Already widely used within India's information technology sector, the funds will enable Aspiring Minds to scale their reach in sectors such as BFSI, retail and hospitality..