AntWalk has secured $7.5 million in a Series A round headed by San Francisco investment company GSV to consolidate its Learning Experience Platform (LXP) through gamification, develop content pedagogy through R&D, and grow the sales and marketing staff to increase the customer base.
Former McKinsey consultants, ex-bankers, and ex-teachers Joybroto Ganguly, Basav Nagur, Sriramkumar Sundararaman, Sumit Gupta, and Sudhanshu Shekhar are the minds behind AntWalk, which was founded in 2019. Contextual knowledge transfer is necessary when people join, develop, and take on more responsibility, the founding team realised.
“The name ‘AntWalk’ was inspired by the way ants communicate and share intelligence with each other when they walk, reflecting the act of ‘collaborative social learning.’ We are well on our way to building a robust edtech company focused on the global skilling opportunity by leveraging this power of collaborative learning and are excited to partner with GSV Ventures on this journey,” said Joybroto Ganguly, Co-founder and CEO of AntWalk.
Antwalk readies new fund to strengthen Enterprise Learning and Development Services
With a combination of industry-relevant information offered by over 4,000 global professionals through live group sessions, one-on-one coaching, and gamified content, AntWalk wants to revitalise enterprise learning and development. At present, these well-known companies employ these international experts.
“GSV Ventures is proud to align with Joy and the team who bring passion and purpose to one of the toughest challenges in the corporate world—reskilling and upskilling employees to match dynamic job demands,” said Deborah Quazzo, Managing Partner of GSV Ventures.
GSV invests in exceptional technology entrepreneurs creating scaled solutions in the “pre-K to gray” digital education and skills market. Its portfolio companies include Coursera, Class Dojo, Degreed, Outlier, Remind, Course Hero, Master Class, and more.
The AntWalk round also saw participation from Y Combinator and existing investor Matrix Partners India.