Enterprise technology startup, Lets Corp has raised $3 Mn (about INR 18.8 Cr) from Wu Chay Chin, Taiwan-based angel investor. The funds will be used in its go-to market expansion.
Speaking on the development, Shravan Charya, CEO and president of Lets Corp said, “The funds will be mainly used to strengthen our go-to market expansion. We are going to go to market in Uttar Pradesh, Maharashtra, Madhya Pradesh, and Telangana in the next six months.”
Launched back in 2014 in India, Lets Corp is a Bangalore-based startup that operates in Karnataka and Delhi-NCR. The company is also, in talks with a major PE firm to raise Series A round for its expansion in countries like Australia, Europe, and North America.
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The company’s flagship program, LetsCareerUp.com is a one-stop platform for career ecosystem where students, universities & corporates can connect together and benefit from each other. The online portal helps children to plan their career, explore industry opportunities, upgrade their skills and build a network with people of same interest. The company has already partnered with 278 schools and seen over 550,000 registrations for the program.
Promoted by leaders from Fortune 100 companies, Lets Corp helps clients in diverse industries enhance performance, comply with complex regulations, reduce costs, recover from distress, leverage cutting-edge technology and stimulate growth. The company has also filed patents in India, Singapore and the EU.
The eminent list of its client include Accenture, Wipro, Alsec Technologies, Aditya Birla Money, CSS Corp, Maveric Systems Pvt Ltd, ITC Grand Chola and Rain Tree Hotels. Prior to this Lets Corp had raised INR 30 Cr. funding from private angel investors.