Protract Consulting Pvt Ltd, a Gurgaon-based education management outsourcing company, has raised an undisclosed amount in seed funding from angel investors, as per a statement. The company did not disclose the names of the angel investors.
Protract is into strategic advisory services to educational organisations throughout India, including academic and corporate restructuring, accreditations, awards & accolades, brand management, institutional restructuring, e-learning platform creation, quality certifications and talent incubator creation.
The firm is also in the process of setting up what it calls a Green Business School which will offer five management courses in association with leading US- based business schools.
“Protract Consulting Private Limited brings strategic leadership to educational institutions that are seeking to leverage proven expertise in talent incubation, leadership development, and strategic management to fill the gaps in their current educational offerings,” said Yashpal Laroya, director at Protract Consulting.
Madison Street Capital acted as the exclusive advisor to Protract Consulting on this deal. This transaction was led by Jaydip Sinha, MD at Madison Street Capital.
Sinha will play an integral role in the company’s operations, leveraging his experience as a visiting faculty at business schools across India, where he teaches students in a variety of areas, including strategic management, marketing management, consumer behaviour, quantitative techniques and project management.
“The Indian education system is composed of 1000 plus educational institutions across the country, that offer a diverse array of opportunities to students from a variety of backgrounds. However, the education system is not working to address the critical needs in developing graduates that are fully prepared to drive business growth both domestically and internationally. Our goal is to work with institutions to develop and restructure their infrastructure, curriculum and operational standards to position the next generation of students to succeed in a dynamic and evolving business environment,” said Sinha.
