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Placement-guaranteed Ed-tech Startup MyCaptain wins Rs. 14 Crore Funding

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E-learning startup providing placements & certification courses, MyCaptain secures investment of Rs. 14 crore from Inflection Point Ventures in a funding round. The round saw participation from other investors such as MyNavi, Piper Serica, Super Capital & Ankur Capital. Previously, the bengaluru-based Ed-tech startup raised $3 million in pre series A funding in January 2022.

Within this capital, MyCaptain aims to strengthen its products & services by launching more new courses, establishing additional sales centers & fostering expansion in new locations.

Established in 2016 by Mohammed Zeeshan, Sameer Ramesh and Ruhan Naqash, MyCaptain aims to empower everyone to chase the career they love. It provides career-based courses along with job-ready boot camps which are conducted via online & classroom centers that lead the learners to achieve full-time job opportunities, freelance & internship opportunities.

The Ed-tech startup ensures that it has provided courses and trained more than 250,000 learners on their careers across diverse verticals such as finance, design, visual arts, business, visual arts and more.

Speaking to this acquiring fresh investment, Co-Founder & CEO of MyCaptain, Mohammed Zeeshan says, “"With this fresh round of funding, we continue our focus on building out a full stack career platform for your early career journey. Our platform has courses designed for career discovery and exploration as well as Job Focused Bootcamps being run in Classroom Centres and Online."

Further he added, "We crossed 20,000+ enrollments across our courses and will be ending with Rs 31 crore in booking revenue in FY 23/24. Our next focus is to reach 50,000+ yearly enrollments in our courses and Rs 100 crore in bookings by FY 25/26”.

Similarly, the Co-Founder of Inflection Point Ventures, Mitesh Shah Shares, "Digital era has brought sweeping transformation across all industries. However, the education sector remains the same. While traditional fields like medicine, engineering, and CA remain vital, they cannot sustain the demands of modern society. There is an urgent need for individuals proficient in web design, social media management, content writing and digital marketing strategies, yet these courses are far from being integrated into mainstream education. MyCaptain addresses the gap by offering courses like artificial intelligence, business analytics course, digital marketing and more to ensure students are well-prepared for the evolving professional landscape."