SKILLENABLE FINTECH PRIVATE LIMITED

In their own words

SkillEnable’s main mission is to increase access to quality education in India. India is one of the youngest nations in the world (with more than 62% of the population in the working age). Living in a world where most of the advanced economies are burdened with aging populations we can see why people refer to India’s age distribution as a demographic dividend. Unfortunately today less than 4% of the Indian workforce is skilled, compared to 42% in the USA, 76% in Germany, 80% in Japan and 96% in South Korea (TOI, 27th Nov 2019). Despite only a small proportion of our workforce being skilled, look at our country’s incredible growth story. A large part of our population could not access quality education as they did not have the financial resources to do so. If we can financially enable our workforce and help them gain valuable skill sets, the potential for India is unlimited. We at SkillEnable are extremely excited to help India achieve its full potential. Here’s a little bit about us: SkillEnable is a FinTech platform that financially enables upskilling/reskilling by leveraging cutting edge technology to efficiently link students, institutes, Banks, NBFCs and MNCs. Our technology and processes aim to generate value for each of our stakeholders. We are working on new and innovative ways to increase access to credit for upskilling, for example we are developing a skill based credit assessment system which will change the way financial institutions assess and lend to people. We are an 11 year old professional education company (Ivy Professional School) working with many Fortune 50 companies and have the backing of a diverse industry group with 30+ years of experience in various domains. We are building a young professional and dynamic team to join us in an exciting journey to help bridge India’s skill gap. As we are entering the booming FinTech space we have targeted to grow rapidly and achieve transactions worth Rs. 100 crores in our first 18 months.

Written by the company on its public Startup India profile. Not verified by us.