Ed-tech learning platform Geekster has raised USD 1.30 million in a Pre-series A round led by Inflection Point Ventures (IPV) with participation from Mynavi Corporation Japan. We Founder Circle and Ah Ventures, among other investors also participated in the round. The brand has raised a total of USD 1.5 million in addition to the present round of funding.
The company noted that the funds raised will be primarily utilized towards building the team. It further added that a portion of the investment raised will also be paid out in developing the portfolio of payments by adding innovative systems, alongside building scalable hiring and learning platforms.
On the fundraise, the Co-founder of Geekster, Ankit Maggu asserted that they are on a mission to democratize quality education and career opportunities by aiming to make a million graduates ready to work in the following years. Geekster’s offering has observed great response from the students and employer partners alike and the company would work aggressively to scale their operations in the next several months. He further added that the company is fortunate to have associated with marquee investors who are equally excited about the opportunity and are aligned with their vision for the company.
Geekster aims to focus on fundamentals, advanced and specialized curriculum along with soft skills training
In addition to a greater emphasis on the holistic development of the students, the company also aims to focus on fundamentals, advanced and specialized curriculum along with soft skills training. Geekster is at present assisting three hundred plus companies hire the right tech talent for their teams as well as some leading product-based companies, MNCs, and well-funded startups. The learning platform has been able to accomplish 10X growth in the past 8 months.
In conversation about Geekster, Ankur Mittal, Co-Founder, Inflection Point Ventures stated that gone were the days, when a graduate certificate would be more than sufficient to secure a job in a student’s corresponding field. Job seekers are projected to be more competent and a cut above the rest with the ever-growing competition.
Geekster has been thriving to design an edtech platform with its expertise which allows tech graduates to refine their skills at zero cost until they get a paid job. And concurrently, it would involve industry professionals as educators on the platform keeping the content relevant and pragmatic. The company has gained the trust of leading companies to hire skilled tech workforce and IPV prepares to further scale this platform and create a pool of talented and excellent industry-equipped professionals.
