Masai School, India’s first career-focused education startup, has raised USD 5 million in the Series A funding round led by Omidyar Network India.
Existing investors Unitus Ventures, India Quotient and AngelList India have also participated during the funding round.
This new round of funding comes less than a year after Masai School raised its Pre-Series A round in August 2020, led by Unitus Ventures.
Masai School will launch new programs in User Interface (UI) and User Experience (UX) designing, Product Management (PM) and Data Analytics; in addition to strengthening the existing offerings of Full Stack Web and Android Development.
“We are on track to graduate more than 2000 learners in FY 2020-21,” says Prateek Shukla, CEO and co-founder of Masai School.
Masai School will use the funding to hire experts to build and impart curriculum across new disciplines such as UI, UX, Product Management, Data Analytics; provide world class digital infrastructure to the learners; and launch various support and feeder programs, free of cost, to enable equality of opportunity to all aspiring professionals.
Till date, Masai School has graduated 200+ students across 8 batches, with a placement rate of 91 percent at an average CTC of INR 6.75 LPA.
Masai School’s hiring partners include Samsung, Sharechat, Urban Company, Instamojo, Airmeet, GlobalLogic, Lendingkart, MPL, Nobroker and Paytm.