Ruhang Education closes multi-million-yuan angel round

Ruhang Education, an online internship and training services provider for college students, announced that it has received several million yuan in an angel financing round at the end of 2019, from EdBeta Fund and an individual investor. The proceeds will be used for marketing and team building.

Ruhang Education, an online internship and training services provider for college students, announced that it has received several million yuan in an angel financing round at the end of 2019, from EdBeta Fund and an individual investor. The proceeds will be used for marketing and team building.

Established in May 2018, Ruhang Education primarily provides professional skill education services for college students. The target user group is undergraduate students in second- and third-tier cities, with a scale of about 30 million people.

Specifically, in the first week of the online internship, Ruhang will provide students with pre-recorded classes to teach the basic knowledge of the corresponding internship positions; from the second to the seventh week, it will enter the operation period of the enterprise project internship, in whichone live-streaming lesson will be arranged every week to instruct the students what internship tasks needed to be completed and how to better complete them; at the end, after completing all corporate work tasks, they will be issued with a corporate-approved internship certificate.

“Ruhang Education hopes that it can lead students to understand the business society, observe companies closely, and experience different industries first-hand, and then come up with a relatively reliable career direction or a high-quality offer.” The company has already reached cooperation agreements with more than ten large-scale companies, including Tencent, Douyin, Alipay, and Watermelon Video.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/ruhang-education-closes-multi-million-yuan-angel-round/.

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