26 October 2019, India:
Learning platform HowNow has raised $3 million in pre-Series A round of funding. The funding round was led by Fuel Ventures.
Andy Murray OBE; Michael Whitfield and Chris Bruce (founders of Thomsons Online Benefits), Bernie Sinniah (former managing director at Citi Bank), and Alwin Magimay (a former partner at McKinsey) also participated in the funding ground.
Nelson Sivalingam, founder and CEO of HowNow, said, “On a macro level, not addressing the skills gaps fuelled by advances in technology and longer life expectancy will result in a growing segment of economically and socially Irrelevant people.”
Nelson Sivalingam, added, “For businesses this translates into a gap in performance potential and the risk of staying relevant in a competitive market. Companies need to invest in building a continuous learning culture to futureproof their workforce.”
Michael Whitfield, an investor in HowNow, said, “All through my career in HR Technology, employers have complained about the lack of software to join up, drive and measure their investments into learning managing systems.”
Michael Whitfield, added, “There is so much out there for employers to choose from, but once purchased it is too often left to wither on the vine. It’s brilliant that HowNow has reinvented learning for today’s agile workforce, and I’m incredibly excited to be part of their team.”
HowNow was founded by Nelson Sivalingam,Kuvera Sivalingam and Ashish Kumar in 2016. It is AI-powered knowledge platform. It is used by SMEs and large Corporates to onboard, upskill and enable employees.
(Image – HowNow)