Virohan Set to Launch Series B Round Led by Japan's Mynavi Corporation
- Virohan to raise about Rs 39 crore in new Series B funding
- Mynavi Corporation to lead the round with Rs 22 crore
- Funding to support expansion of healthcare training programs
Healthcare edtech startup Virohan is preparing to kick off its Series B funding round, with Japan-based Mynavi Corporation leading the investment of Rs 39.27 crore (around $4.5 million). Several existing backers, including Blume Ventures and Bharat Inclusive Technologies, are also set to participate.
This fresh round follows Virohan’s $3 million pre-Series B raise in May 2025, backed by Blume, Bharat Inclusive Technologies, and Rebright Partners. According to the company’s regulatory filings, the board has approved issuing 2,726 Series B CCPS at a price of Rs 1,44,072 per share.
Mynavi Corporation will anchor the round with an investment of Rs 22 crore ($2.5 million). Existing investors Blume Ventures and Bharat Inclusive Technologies will contribute Rs 12 crore and Rs 1.8 crore, respectively. Additional capital will come from Rebright Partners, Bhilai Iron Foundry, Shantanu Jain, and Deepa Bagla Financial Consultants.
So far, Virohan has received Rs 12.75 crore from Blume Ventures and Deepa Bagla, with the remaining funds expected soon.
The Gurugram-based startup’s valuation will likely stay flat at Rs 576 crore ($65.5 million) post-money, according to report estimates.
Founded in 2018, Virohan offers vocational training for healthcare careers through hybrid and online classrooms. It operates across major Indian cities including Delhi, Gurugram, Pune, Jaipur, Mumbai, and Nagpur. The company has raised over $18 million to date.
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Following this round, Mynavi Corporation will hold a 3.83% stake, while Blume Ventures will remain the largest shareholder at 16.16%. Co-founders Nalin Saluja, Kunaal Dudeja, and Archit Jayasal will each continue holding 12.53%.
In FY24, Virohan nearly doubled its operating revenue to Rs 21 crore, though its losses grew 18% year-on-year to Rs 22 crore. FY25 filings are yet to be submitted.
