Airblack Technologies Private Limited

Based in India, Airblack Technologies Private Limited specializes in providing innovative educational solutions in the beauty and creative sectors through interactive workshops and courses that enhance practical skills. Airblack Technologies Private Limited, founded in 2019 and based in Gurugram, India, operates as a skilling academy that focuses on practical education in the beauty industry. The company has raised a total of INR 318. 93 mn in funding, with its most recent round occurring on October 9, 2023, led by The Michael and Susan Dell Foundation.

The founder and CEO, Videt Jaiswal, has a background in the educational sector, which has shaped the company's development and direction. Airblack has successfully completed four deals to date, reflecting its ability to attract investment and support for its initiatives. Airblack operates as a premier skilling academy focused on providing practical education and training in the beauty and creative sectors. The company’s core offerings include interactive workshops branded as "Do-it-together" (DIT)® courses, which facilitate a collaborative learning environment where students gain hands-on experience and immediate feedback from industry experts.

These workshops address the needs of aspiring makeup professionals and entrepreneurs by enhancing their skills and fostering a community of shared learning. Airblack's services are designed for individuals looking to launch or advance their careers in makeup artistry and related fields, targeting markets both in India and the UAE. The academy's model is built on connecting students with top industry leaders and facilitating peer collaboration, ultimately aiming to empower a new generation of beauty professionals. In the most recent financial year of 2023, Airblack reported a revenue of INR 1,131,693.

70 and an EBITDA of INR -2,456,565. 50. The company operates a subscription-based model for its educational services, offering various courses structured to provide comprehensive training and skill development. This revenue model reflects its commitment to delivering value through educational offerings tailored to beauty sector clients, alongside strong support services and community engagement.

In October 2023, Airblack Technologies Private Limited raised INR 318. 93 mn in a pre-Series B1, B2 funding round, which will be directed towards working capital needs, general corporate purposes, and business expansion. The company plans to enhance its product offerings by introducing new courses designed to meet the evolving demands of the beauty industry. Additionally, Airblack aims to expand its geographic footprint into new markets, particularly targeting opportunities in the UAE and other regions by the end of 2024.

The recent funding will play a critical role in supporting these initiatives and facilitating the company's growth trajectory.