Edtech startup Centa raises $1 million from 30 angel investors
From 2014 to 2019, the company operated a teacher examination platform modeled as an Olympiad. Starting in 2019, it transitioned into a comprehensive enterprise offering teacher accreditation courses. According to the statement released by the Bengaluru-based startup, it intends to utilize the recent funding to develop a 'teaching-as-a-service' (TaaS) marketplace. This model aims to provide on-demand teaching services to national and international educational institutions while also supporting state and national governments.
The TaaS platform is designed to connect teachers globally who are seeking professional development opportunities and additional income streams with potential employers such as edtech companies, schools, and government entities. Ramya Venkataraman, the founder and CEO, stated that currently, testing and training contribute roughly 45% each to the platform while recruiting constitutes the remaining 10%. However, she anticipates that recruiting will eventually make up approximately 40% of the platform's growth trajectory. Before establishing Centa, Ramya Venkataraman, an alumna of IIT Delhi and IIM Calcutta, led McKinsey & Company's education practice for 15 years.