Boss Wallah, founded by investor and serial entrepreneur Sashi Reddi, will acquire the edtech platform ffreedom app. It entered into a formal agreement with Suvision Holdings Private Limited to acquire the platform.
Sashi Reddi, founder and managing partner of SRI Capital, founded the software testing company AppLabs, which was by CSC (now DXC).
Besides the educational content of ffreedom, Boss Wallah’s platform will provide access to thousands of experts in multiple businesses. This addresses a massive gap in the market, providing resources for aspiring entrepreneurs from tier-ii and tier-iii towns and helping them build successful businesses.
With an initial investment of $7 million from Sashi Reddi and associates, Boss Wallah will provide a platform to help thousands of entrepreneurs acquire the skills and advice they need to start and grow a business.
“There are dozens of platforms for JEE and government exams. But what India needs is people looking to build businesses that provide employment and allow people to earn an income. That is what the Boss Wallah platform will do,” Sashi Reddi, Founder and CEO of Boss Wallah, said.
The platform would focus on digital businesses, home-based businesses, small-scale manufacturing, handicrafts, farming, animal husbandry, retail, and food businesses.
“These are the kinds of businesses which can be built without much capital investment and employing 2-3 people to generate a great income in a small town without having to relocate to the metros,” he said.