Leading private equity firm IMK Capital announces investment in AVPL, a fast-growing technology company, at a valuation of Rs 500 crore. This strategic investment will allow AVPL to accelerate its growth and expansion plans, strengthen its research and development efforts, and enhance its product offerings.

AITMC Ventures Pvt limited (AVPL) is a company focused on vocational training and skills development. Founded in December 2016 by first-generation young entrepreneur Deep Sisai, AVPL promotes self-employment by facilitating the training of 350,000 drone pilots through government programs and NBFCs. The program aims to assist farmers in 6.6 lakh villages in India. In addition, the company plans to establish 33 centres of excellence for agriculture and drone training in India and abroad.

With this investment from IMK Capital, AVPL can use its technical expertise to open up new markets and strengthen its position as the market leader in logistics technology.

Commenting on the investment, Mayank Singhvi, CEO of IMK Capital, said, “We are delighted to be partnering with AVPL, a company at the forefront of a revolution in the logistics and supply chain industry. The team’s deep expertise and client-centric approach Impressed with our innovative and innovative solutions, we believe this investment will help AVPL unlock new growth opportunities and reach its full potential.”

AVPL has a clear vision to achieve triple success by encouraging and empowering youth to pursue entrepreneurship as a full-time career and job creation through skills development and entrepreneurship promotion in agriculture and related sectors. The company’s mission is to promote self-employment and progressive farming.

AVPL has many partnerships with PSUs and national and international organisations. Some of the notable partners include EDCIL India Limited (EDCIL) (Ministry of Education, Government of India), Telecommunications Consultants India Limited (TCIL) (Ministry of Communication, Government of India), Indian Telephone Industry Limited (ITI Limited) (Ministry of Telecom, Government of India) and Bharat Scouts and Guide.

AVPL is digitally focused and aims to bring about social transformation while promoting Skill India, Make in India, Digital India and Startup India missions. The company is ISO certified and registered with NITI AAYOG and Startup India. AVPL is also partnering with different Startup India-accredited startups that help farmers increase their daily income and improve their lives.

In a short period, AVPL has trained over 1 lakh candidates, 82% of whom reported placement records. The company has received several accreditations, such as being a training provider with the National Skills Development Corporation (NSDC) and the Haryana Skills Development Mission. Project implementing agency of DDU-GKY (Department of Rural Development). AVPL is also a registered training partner with state governments and industry skills boards. Candidates trained by the company have had the opportunity to receive a certificate from Prime Minister Narendra Modi in Daman and Silvasa in Dadra Nagar Haveli.

IMK Capital is a leading private equity firm investing in high-growth companies across multiple industries, including technology, healthcare and consumer products. With a proven track record of working with visionary entrepreneurs and management teams, IMK Capital has a deep understanding of the Indian market and a strong network of industry contacts.