Masai School raises $10 M in Series B round, onboards Mithali Raj, Bhaichung Bhutia as investors
Summary
Bengaluru-based jobtech startup, Masai School, has announced its Series B round of $10 million led by Omidyar Network India along with existing investors including India Quotient and Unitus Ventures. The round also saw participation from two Indian sports stalwarts, Mithali Raj and Bhaichung Bhutia, as investors and partners for an undisclosed amount.The latest fund infusion will enable the company to launch two new course categories while also enabling the expansion of its flagship zero-to-one skilling course in Software Development and Data Analytics.Speaking of the fundraise, Prateek Shukla, CEO and Co-founder, commented,This is an opportune 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. Our mission remains to build the countrys largest employable tech workforce. The last 3 years have been proof of our competency in bridging the tech skill gap for over 800 tech companies who have hired more than 2000 alumni.The company is launching its first up-skilling course, MasaiX., which aims at fast-tracking growth for software developers in India to meet demand of tech professionals in Global Capability Centres s and Sr. Software Developer roles. The Scholar Program, which is a prepaid program, is being rolled out by the companys subsidiary, Prepleaf, acquired by Masai in December 2021.These programs, along with Masais existing offering, Masai 0NE, will be supported by 2 scholarships that are being enabled by Bhaichung Bhutia and Mithali Raj, who joined forces with Masai because of their shared interest in reimagining higher education in IndiaSpeaking at the press event, Mithali Raj said, The common thought in India is that when a woman chooses her sporting career, her personal life takes a backseat.