Personality development App Leadburg, has reportedly raised an undisclosed amount of funding led by the IvyCamp platform from enterprise tech veterans, Harsh V. Pant and Ratheesh Raveendran.

Leadburg is led and founded by LSE and Harvard alumnus Sangeeth Verghese. Its co-founders include Sangeeth’s fellow World Economic Forum Leader and UN Fellow Vidyadhar Prabhudesai, and multiple patents holder in Cloud Computing Akshay Chandrasekhar. The startup operates in the self-discovery, leadership development and opportunity matching space.

How it works:

Currently, Leadburg has over 300 colleges on its platform, and claims that its daily usage per individual on the app is more than 15 minutes. The app is currently available only on the Google Play store and has about 1,000 – 5,000 downloads.

Sangeeth has been working on the idea in the field of a mobile app based Leadership & Self Discovery Games since 2016. Impressed by the vision and unique value potential, Enterprise Software longtimers and IIT Alumnus Harsh P. and Ratheesh R who have decades of experience in various aspects of Enterprise Management and Automation, ranging from Product Management to Consulting to People Development and Executive Leadership decided to invest in Leadburg.

Speaking on the development, Sangeeth Verghese said, “We are excited to have Harsh and Ratheesh on board with us as investors. The value-add they bring to the table, beyond just finances, is their strategic thought process, which we believe would take us to the next level much faster and surer.”

In this space, in December 2016, HR analytics platform inFeedo raised about Rs 1.34 crore led by existing investor Dheeraj Jain, managing partner at UK-based hedge fund Redcliffe Capital, and Anupam Mittal, founder and chief executive of People Group. And, in April 2016, Knolskape Solutions, a gamification and simulation software firm operating in the talent transformation space, raised an undisclosed amount in a Series A funding round from VC firm Inventus Capital Partners and HR-focussed private investment company, The HR Fund.

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