In a pre-Series A round, PlayAblo, an enterprise SaaS startup, adjusts its business strategy and raises Rs 5.9 Crore
The Bengaluru-based startup has also raised Rs. 5.9 crore from a group of angel investors in the United States and the United Kingdom who were able to relate to the problem of employee training in the workplace. Saurabh Sinha (CEO, EMIDS Technologies), Rajesh Ravindranath (SVP, ITC Infotech), Karthik Natarajan (Ex-CFO, Vishal Megamart), Arnab Chatterjee (CPO, SmartKarrot), Hasanain Golam (CISCO Systems), Manindra Jha (TESCO), and Shashikiran BG were among those who helped raise funds (FortiSIEM). PlayAblo is a SaaS solution for SMBs that offers a customisable LMS (Learning Management System). Ananthakrishanan G (IIM Kozhikode), Dheeraj Sharma (NIT Calicut) and Suchitra Premkumar formed the company (BITS Pilani). ABI Showatech (A Brakes India Group Company) and Brand Capital are among its current investors (Times Group). In the K-12 market, PlayAblo continues to work with school chains and academic publishers rather than individual schools to provide its service. PlayAblo’s K-12 solutions are tailored to the partner’s pedagogy, content, and hybrid delivery methodology.