Bengaluru : India’s fast-growing JobTech institute, Masai School, has announced its latest fundraise, where the company has raised $10 million in a Series B round led by Omidyar Network India along with existing investors including India Quotient and Unitus Ventures, with the addition of Alteria Capital.
The round saw participation from 2 of Indian sports stalwarts, the face of women’s cricket, Mithali Raj, and the legendary footballer Bhaichung Bhutia, as investors and partners for an undisclosed amount.
Addressing Media Prateek Shukla, CEO and Co-founder, on Fundraise “This is an opportune time for us to pick up our series B funding, and we are excited to work with our new partners and our current investors alike.Our mission remains to build the country’s largest employable tech workforce. The last 3 years have been proof of our competency in bridging the tech skill gap for over 800 tech companies who have hired more than 2000 alumni. The company is launching their first up-skilling course, MasaiX., which aims at fast tracking growth for software developers in India to meet demand of tech professionals in Global Capability Centres s and Sr. Software Developer roles. Masai is also launching the Scholar Program, targeted at college students to supplement their college education with industry necessary skills. The Scholar Program, which is a prepaid program, is being rolled out by the company’s subsidiary, Prepleaf, acquired by Masai in December 2021.
Speaking at the press event, Mithali Raj said, “The common thought in India is that when a woman chooses her sporting career, her personal life takes a backseat. However, with Masai, Every individual gets yet another chance to have another career option apart from sports and excel in it.
Bhaichung added, “Access to quality education should be a fundamental right, irrespective of spending potential. And I commend Masai for creating India’s largest outcome-driven higher education institute that identifies untapped talent and makes them job-ready through a pay after placement mode. I am delighted to partner with a brand like Masai that is making a tangible contribution to the future of the youth in this country.
Masai School is a Series B funded JobTech startup based out of Bangalore. As India’s fastest growing career institute, Masai offers software development and data analytics programs, designed to train and mold learners into
skilled and job-ready professionals. Learners are enrolled at zero upfront fee and pay after placement of 5 LPA or more. The program is open to any individual irrespective of their educational background. As the country’s sole
outcome based institute, the company is working in partnership with National Skill Development Corporation to create a framework for skill based tech learning in India.
