ANI PR Wire
16 Jan 2023, 23:45 GMT+10
Faridabad (Haryana) [India], January 16 (ANI/NewsVoir): The round was led by Research Capital's Douglas Penny, Largest investment banking firm of Toronto, Canada and also saw the participation of ex Global CEO of Bookings.com (Stoffer Anko Norden).
Startup Lanes, Marwari Catalysts and IVY Growth Associates played a important role in growth of the company.
Hobit, Founded during the first lockdown in 2020, by Gaurav Dua, Arpit Tyagi, and Lakshay Rohilla, Hobit is addressing the market for extracurricular activities/hobbies for working professionals and home makers where people learn from the industry's top-notch artists through Artificial Intelligence and Machine Learning.
Gaurav Dua, Co-founder & CEO (HOBIT) added, "Our goal is to help you learn in the best way possible, across categories and mediums. The next decade will see new paradigms of learning and for this, we're building a new model of community and learning that is a fundamental evolution of ed-tech."
Hobit Claims to have impacted 2 lakhs+ lives in India and UAE by helping users pursuing their favourite hobby.
Arpit Tyagi, Co-founder & COO further commented, In today's era, the biggest challenge for home makers & working professionals is of not getting enough possible time to pursue their hobbies. Hobit helps them to pursue their hobby at their convenient time and place with the help of artificial intelligence and machine learning.
Lakshay rohilla, Co-founder & CTO commented that, Hobit has seen tremendous growth in the past One year, Our community of like-minded individuals is seeing high engagement with average conversation started within the platform with each other is 3 minutes and platform is having 20+ minutes average user engagement time.
The non-academic EdTech startup will use the funds to strategically allocate for strengthening the technology & product, Penetrating in UAE and US market, user base expansion, strengthening the team, and accelerating its growth in order to expand its footprint in India and international markets.
This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
Get a daily dose of Herald Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Herald Globe.
More InformationLIVINGSTON, Kentucky: This week, railroad operator CSX said a train derailment involving 16 cars, two of which spilled molten sulfur ...
Fifty-seven journalists have been killed as of Saturday as a result of Israel's war on Gaza, which has extended to ...
TEL AVIV, Israel - Following Taoiseach Leo Varadkar's statement on Emily Hand's release, Israel's foreign minister says he summoned the ...
WASHINGTON D.C.: The White House says U.S. authorities have foiled a plot to kill a Sikh separatist in the U.S., ...
BANGKOK, Thailand: In response to heightened Chinese activity in the South China Sea, the United States and the Philippines have ...
BEIRUT, Nov. 25 (Xinhua) -- The United Nations Interim Force in Lebanon (UNIFIL) said in a statement on Saturday that ...
(Photo credit: Kirby Lee-USA TODAY Sports) Indianapolis Colts running back Jonathan Taylor sustained a thumb injury in Sunday's win against ...
(Photo credit: Dale Zanine-USA TODAY Sports) Carolina Panthers owner David Tepper defended his decision to fire another coach and called ...
(Photo credit: Darren Yamashita-USA TODAY Sports) The Chicago White Sox agreed to terms on a one-year, $1.75 million contract with ...
(Photo credit: Jenna Watson/IndyStar / USA TODAY NETWORK) Jerry Jones and the Dallas Cowboys are hosting free agent linebacker Shaquille ...
(Photo credit: Jeffrey Becker-USA TODAY Sports) Vikings quarterback Joshua Dobbs threw four interceptions in a 12-10 loss to the Chicago ...
(Photo credit: Bob Donnan-USA TODAY Sports) Julius Peppers and Antonio Gates are among 25 semifinalists for the Pro Football Hall ...