Indian Edtech Startup ‘Masai School’ Raises $2.5 Mn From Unitus Ventures & Others

In another round of funding received by the Edtech startup, Masai School has raised $2.5 million funding led by Unitus Ventures, joined by India Quotient and AngelList India. It has so far raised a total of $2.7 Mn, including this Pre-Series A round. The startup focuses on upskilling students from a non-engineering background, rural areas to begin their careers in the IT and tech industry.

This startup was founded by Prateek Shukla, Nrupul Dev, and Yogesh Bhat in June 2019. It trains tech aspirants in full-stack web and android development and helps them get placed through its partner network. It claims to have placed 82 percent of its total students’ base at an average salary package of Rs 6.6 lakh.

The company, in a press statement, said that it will be utilizing the fund to strengthen its classroom and digital infrastructure, provide quality education to students and make them job-ready. Also, it will be using the money to expand its service offerings, including UI/UX, product management, and data science, to meet the demand of companies hiring computer science graduates equipped with industry-relevant skills and attitude required for rapid growth.

The Masai School integrates the Income Sharing Agreement with the students, where it allows them to pay the course fee after they get a high paying, relevant job.

Currently located in Bengaluru and Patna, Masai claims to have trained 100+ students across four batches, with more than 50% of students from non-computer science and non-metro backgrounds.