Saturday, April 13, 2024
Outlook India
Outlook Business

Ed-Tech Start-Up Oneistox Rebrands Itself As Novatr

The move is said to be in line with their vision to accelerate the adoption of tech in the AEC industry by building tech-first skills

Ed-Tech Start-Up Oneistox Rebrands Itself As Novatr

Outlook Start-Up Desk

POSTED ON May 03, 2023 1:21 PM

Oneistox, an edtech start-up focussed on AEC (Architecture, Engineering, and Construction) industry, has rebranded itself as Novatr. The move is said to be in line with their vision to fill the innovation gap in AEC by honing the power of human potential and building tech-first skills. 

The ed-tech platform was founded in 2021 by Harkunwar Singh along with his co-founders Vipanchi Handa, Mehul Kumar and Chaithanya Murali has been clocking a tremendous 30 per cent m-o-m (month-on-month) growth over the past 12 months and has turned profitable starting FY2023.

Novatr aims to be the bridge between the dreams of AEC’s future and the skills imperative for its realisation. In 2021, Oneistox was founded to propel the AEC industry further towards tech-first skills and ensure better opportunities. “Oneistox” or “1:x”, signified exponential growth, but as the brand grew bigger, the macro vision evolved into something much bigger than what it was. Now, the brand has evolved to realise its true ethos as “Innovators” and thus renamed itself to Novatr”. The platform's main objective is to design tech-first curriculums and cultivate a community of ambitious individuals who are ready to tap into a whole new world of possibilities.

“We are at the helm of witnessing a transformative phase of the AEC industry, and with our pivot to Novatr, we aim to change this landscape. As we navigate through this transformation, it has become clear that simply revamping the education and training of AEC professionals is not enough. The real challenge lies in transforming the industry itself from the inside out. This rebranding is a stepping stone in our mission to fill the innovation gap in the AEC industry and realise ourselves as what we truly are, Innovators” said Harkunwar Singh, co-founder, Novatr

Oneistox claims to have clocked the net revenue growth of 30 per cent m-o-m in FY23. The key focuses for the start-up during this period have reportedly been to improve its platform infrastructure, develop more new-age courses for learners and expand its team. 

The brand recently announced that they’ve raised $1.2 million in seed funding from Y Combinator, Powerhouse Ventures, Soma Capital, and notable angels like Amit Ranjan, co-founder, Slideshare.

  • Related Articles

    As India CEO, Dr. Adatia would be responsible for scaling the core business to its next orbit and establishing THB as the preferred revenue acceleration technology partner for leading healthcare...

    HealthTech Platform THB Onboards Former McKinsey Partner Dr. Chirag Adatia As CEO

    The collaboration will benefit EV battery original Equipment Makers (OEMs) that have their products underwritten by the first-tech insurer, the company said.

    Lohum Collaborates With ACKO To Recycle, Reuse Batteries For EVs

    Founded in 2018, Pocket FM has raised $93.5 million until the Series C round

    Pocket FM Secures $16 Million Debt Funding From US-Based Silicon Valley Bank