Wednesday, November 9, 2022

JOB TECH INSTITUTE MASAI,RAISES SERIES'B',ENTERS UPSKILLING MARKET WITH PAY-AFTER-PLACEMENT COURSES.


 Job Tech Institute,MASAI School,has announced their 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 also saw participation from 2 of Indian Sports stalwarts,the face of Women's Cricket Mithali Raj & the legendary Footballer Bhaichung Bhutia ,as investors & partners for an undisclosed amount. The latest infusion will enable the Company for Pay-after-placement  Institute & also to launch 2 new courses while also enabling the expansion of their flagship "zero to one" skilling course in software development & data analysis.

Speaking of the fundraise,Prateek Shukla,CEO & Co-Founder,said,"This is an oppurtune 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."

The 2 sports icons also announced Mithali Raj scholarship for women in Tech,& Bhaichung Bhutia scholarship for extra curricular Excellence,which will make available financial aid of 1.5 crore per year  in financial aid for students studying at Masai.The scholarship would be distributed based on academic performance & extra curricular credentials, respectively.

About Masai : As India's fastest growing career Institute,Masai offers software 
Development & Data analytics programs,designed to train and mould learners into skilled and job ready professionals.The Company is working in partnership with National Skill Development Corporation.

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