[Funding alert] GENLEAP Secures Rs 27 Cr in Pre-series A Round
The successful conclusion of its pre-series A round of 27 cr has been announced by the Indian DNA-based self-discovery and career life cycle management platform GENLEAP. The previous Rs 60 Crore ($7.4 million) seed round was raised in 2021, and this round comes after that.
To further increase its global marketing and distribution reach, including entry into the US, middle east, and European markets, the company would use the funds from this fundraise and IPO, as reported by BW Disrupt.
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Mike Holland, the former CEO of Embassy REIT, Sanjay Dutt, the CEO and MD of Tata Realty and infrastructure, Neeraj Bansal, the Co-head and COO of India Global with a Big Four Consulting Firm, Karthikeyan Balasubramanian, Deepak Kaul, and Manish Dhawan, the CEO of Olam Food International, as well as several new investors like Vikaash Khdloya, an ex-private equity professional, and Sunil Bajaj, Partner of a leading multinational, multi-disciplinary consulting firm, Yoguen Oukabay, Mandeep Mehta (Group CFO with Policy Bazaar) in their personal capacities.
On the announcement of the closure of this funding round, the Founder and CEO of GENLEAP, Sachin Sandhir, said, “GENLEAP will soon be expanding its geographical footprint and growth in the US, Middle east and other markets and given its global ambitions to become a leading force in the Genomics testing and solutions market, a $90 billion industry. GENLEAP AI, the US entity of GENLEAP, would now be listed in the Regulation A plus market and will launch a 50 million dollar IPO in the US market shortly.”
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GENLEAP has been set up by senior professionals and CXOs who gave up their cushy jobs for the passion they share – for making a meaningful difference to people’s lives.
Mandeep Mehta, Group CFO, of Policy Bazaar, said, “GENLEAP provides the most powerful end-to-end career lifecycle management platform in today’s market. Its innovative approach helps one discover the hidden talents and innate personality traits to find how one’s environment and life experiences are helping in realizing this potential; and what’s missing.”
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The first DNA-based self-discovery and career management tool in India is called GENLEAP. They are dedicated to assisting people in utilizing their innate potential and providing them with the ideal environment to become the best versions of themselves. Discover your natural abilities and strengths and choose the careers that are most compatible with your personality type using the combined power of three sciences: genomics, cognitive astrology, and psychometrics.
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