FinX Raises $6M to Revolutionize Employability in India’s BFSI Sector

FinX, an integrated skilling platform, is raising $6 million in seed funding from Elevar Equity. The platform is working to bridge the gap between formal education and employability in India’s BFSI (Banking, Financial Services, and Insurance) sector.

With over 50% of Indian graduates being considered unemployable due to a lack of practical skills, FinX is providing job-readiness training through vocational courses, certifications, regulatory compliance training, and job-assured programs. The platform is helping students gain industry-specific skills and secure job opportunities, focusing on Tier-2 and Tier-3 cities.

FinX is planning to expand geographically and offer more skill-training programs, including IT skills. The company is enhancing its technology platform to create scalable solutions and diversify its offerings. FinX is also considering strategic acquisitions in the skilling and training sectors.

Himanshu Vyapak, Founder and CEO of FinX, is saying, "This funding is helping us expand our impact, especially in underserved areas, and providing practical skills to students, making them industry-ready."

Sandeep Farias, Founder of Elevar Equity, said, "We are excited to support FinX’s mission to enhance employability and empower students, especially those from entrepreneurial households."FinX Raises $6M to Revolutionize Employability in India’s BFSI Sector