Geekster, the career-focused edtech platform has managed to raise $1.30 mn in a pre-series A round led by Inflection Point Ventures. MyNavi Corporation, Japan-based HR services provider also participated in the round, along with existing investors We Founder Circle and Ah Ventures. With this round, till date, Geekster has raised a total of $1.5 mn.
The two year old startup founded by Ankit Maggu and Sahil Miglani hopes to make a million students ready for employment in the next five years.
The fresh capital will be used to expand the team, as well as the portfolio of offerings. New programmes will be offered and more scalable learning and hiring platforms will be built.
Geekster, the upskilling platform, focuses on developing programming skills in students and makes them employable in the tech space. What makes Geekster unique is that the students do not have to pay any fee till they bag a good job with a good salary. That is why, the platform is able to attract a lot of students from tier 2 and 3 cities across India.
Ankur Mittal, co-founder, Inflection Point Ventures said, “Geekster has been successful in designing a tech education platform with its unique model of skilling, which allows tech graduates to hone their skills at zero cost until they get a paying job. And at the same time, it engages industry professionals as educators on the platform, keeping the content relevant and practical”.
Ankit Maggu, co-founder, Geekster confirmed, “We are on a mission to democratise quality education and career opportunities; aiming to make a million graduates work ready in next few years”.
With a positive response from students as well as employer partners, along with the support received from the investors, the brand is likely to scale operations in the near future,.
Geekster is already lending support to over 300 companies, including MNCs, startups and top product-based firms, and helping them hire the right tech talent. It has been able to achieve 10x growth in the last eight months.