Career- concentrated Edtech Platform Geekster has raised USD1.30 Mn( INR 10 CR) in aPre-Series A round led by Inflection Point gambles with participation from MyNavi Corporation, Japan. Being investors We Author Circle and Ah Ventures also shared in the round. The brand has raised a aggregate of USD1.5 mn, including the current round.
The fund raised will be primarily utilised towards expanding the platoon. A part of the raised investment will also be exhausted in expanding the portfolio of immolations, adding new programs, and erecting scalable literacy & hiring platforms.
Geekster, an upskilling platform, focuses on developing programming chops in scholars and making them work-ready for aspirational tech jobs. The incipiency doesn’t charge any figure from the pupil until they land a well- paying job, and this value proposition makes it unique, especially among the scholars from league 2 & league 3 metropolises in the country.
Talking about Geekster, Ankur Mittal,Co-Founder, Inflection Point gambles, says, “ Gone are the days where a graduate instrument would be further than enough to secure a job in your separate field. With the growing competition, job campaigners are anticipated to be more professed to be a cut above the rest. Geekster has successfully designed a tech education platform with its unique skilling model, allowing tech graduates to hone their chops at zero cost until they get a paying job. And at the same time, it engages assiduity professionals as preceptors on the platform keeping the content applicable and practical. The company has won the trust of leading companies to hire a largely professed tech pool. IPV looks forward to farther scaling this platform and creating a pool of talented and top- notch assiduity-ready professionals. ”
“ We’re glad to be sharing in another round in Geekster. It’s weaved around a unique model working problems on two sides- corporates and scholars. therefore, it has bridged the skill gap in the assiduity. The platform has been performing well over the period, which motivated us to share again in the fundraise. With its USP, strong platoon, and request compass in place, the brand is poised for splendid growth, ” saidMr. Saurabh Deo,Co-founder, We Author Circle.
On the fundraise, Ankit Maggu,Co-Founder of Geekster, affirmed, “ We’re on a charge to democratise quality education & career openings; aiming to make a million graduates work ready in coming many times. Our immolation has witnessed great response from the Students & Employer mates likewise, and we shall be working aggressively to gauge our operations in the coming many months. We’re fortunate to have associated with marquee investors who are inversely agitated about the occasion and are aligned with our vision for Geekster. ”
On the investment in Indian incipiency Hidekazu Ito, MyNavi Corporation expressed, “ With an end to contribute towards the upliftment of India’s Education and Human Resource space, we linked that numerous university scholars face profitable difficulties in paying education freights, living costs, and other fiscal scores, which is challenging for their careers. Geekster is addressing the challenge veritably well, and by supporting Geekster, we together will be suitable to achieve our common pretensions. ”
With a more significant emphasis on the holistic development of the scholars, the company also aims to concentrate on fundamentals, specialised and advanced class along with soft skill training. Geekster is presently helping further than 300 companies hire the right tech gift for their brigades, including some top product- grounded companies, MNCs, and well- funded startups. The platform has been suitable to achieve 10x growth in the last eight months.
With this fundraise, Geekster aims to move another step ahead toward its charge of making a million scholars work-ready in the coming five times.
