Intellecap Impact And Unilazer Invest In Head Held High

Tuesday, August 13, 2013

Angels of the Intellecap Impact Investment Network and Unilazer Ventures, amongst others, have invested R2.5 Cr into Bangalore-based startup – Head Held High Services, a rural skills development and employment creation enterprise. The investment will be used to scale up operations and ink important partnerships over the next 12 months.

I3N angels investing in Head Held High include Pravin Gandhi, Jayesh Parekh, Reena Mithal, Prashant Thakker, and Sanjeev Shah.

Founded by Madan Padaki, Rajesh Bhatt and Sunil Savara, Head Held High is transforming the contours of rural youth in India by putting them through an intensive five month residential training program that converts them into English-speaking, computer-literate, knowledge professionals.

Post training, the youth are able to deliver services like BPO, Market Surveys, etc. from non-urban locations across various sectors like Agriculture, Health, Financial Inclusion and Education. Head Held High has also launched an Entrepreneur Forum that builds capacity for rural entrepreneurs and enables them to provide last-mile capability across sectors.

Source: Deal Curry (link opens in a new window)

Categories
Impact Assessment, Investing
Tags
Impact Assessment, rural development, venture capital