IIM Lucknow Takes A Small Stake In 'Just Rojgar'
“We have got basic funding from EIC, the startup promotion arm of IIML. This stands for our brand Just Learn.” IIMCL-EIC officials have also confirmed the investment.
New Delhi: EIC, the startup promotion arm of the Indian Institute of Management, Lucknow (IIM-L), has picked up a small stake in education technology company Just Rozgar under a basic funding round. Abhishek Ratan Chola, Founder, and Director, JustRozgar, said that the finance raised from the Enterprise Incubation Center (IIML-EIC) of IIM Lucknow will be invested in JustLearn, the company's education technology platform. During this, the valuation of Just Employment has been done at Rs 79.95 crore.
“We have got basic funding from EIC, the startup promotion arm of IIML. This stands for our brand Just Learn.” IIMCL-EIC officials have also confirmed the investment. Its assistant vice president (investment) Amrit Tiwari said, "Investment has been made in Just Rojgar Solutions Pvt Ltd at a valuation of Rs 79.95 crore."
