Rahil Rangwala, Director, Family Economic Stability at Michael & Susan Dell Foundation, said, "Manufacturing contributes 25% (and growing) to India's GDP. For the skilled youth of today, jobs in manufacturing also represent higher earning potential than retail or service sector jobs.

"Skillveri simulators provide access to high quality training, giving youth a head start to well-paying jobs and meaningful careers. The shared values and mission is what attracted us to Skillveri and we are excited to join them on their journey of transforming manufacturing skill training in the country."

Rema Subramanian, Partner, Ankur Capital, said, "Skill shortage is a global challenge and we strongly believe in the potential of Skillveri's technology to address the same. With our seed investment in 2015, Skillveri has not only launched a range of cutting-edge simulators, but also received validation from various customer segments, across both industry and academia.

"Our participation in follow-on funding along with Michael & Susan Dell Foundation in their Series A fund raise is a reflection of our confidence in Skillveri's global potential."

END