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Can agri-based start-ups transform the rural economy?
Deborah Keller, Can agri-based start-ups transform the rural economy? 04 Jul 2017
Deborah Keller, 04 Jul 2017
Financial Services

Head Held High raises 2.5 crore rupees in angel funding

Bangalore-based startup Head Held High Services Pvt Ltd, a skills development and employment creation enterprise focused on rural India, has raised Rs 2.5 crore from a group of angel investors and others. Five angels including Pravin Gandhi, Jayesh Parekh, Reena Mithal, Prashant Thakker and Sanjeev Shah from Intellecap Impact Investment Network (I3N or I-cube-N) invested in the startup, as well as Unilazer Ventures Ltd, a private investment fund founded by Ronnie Screwvala, besides others.

The money raised will be used to scale up operations and ink partnerships for rural youth training programme over the next 12 months.

Head Held High puts rural youth through an intensive five-month residential training programme that converts them into English-speaking, computer-literate, knowledge professionals. Post training, they can work for business process outsourcing companies (BPO's), conduct market surveys and take up similar information-based services in non-urban locations across various sectors like agriculture, health, financial inclusion and education.

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