Gurgaon-based edtech startup Geekster has said, “It has secured $1.3 Million in pre-series A round funding led by Inflection Point Ventures with participation from MyNavi Corporation Japan, and from its existing investors We Founder Circle and Ah Ventures.
The startup plans to utilize the raised funds for expanding its portfolio offerings, new programs, and hiring.
Founded in 2020 by Ankit Maggu and Sahil Miglani, Geekster offers upskilling and programing courses for developers and tech students.
Speaking on the investment in Geekster, Ankur Mittal, Co-Founder of Inflection Point Ventures said, “Geekster has won the trust of leading companies to hire a highly skilled tech workforce and IPV looks forward to further scaling this platform and creating a pool of talented and top-notch industry-ready professionals.”
“We are glad to be participating in another round in Geekster. It is weaved around a unique model which is solving the problem on two sides- corporates and students. Thus, it has been able to bridge the skill gap in the industry. The platform has been performing well over the period, which motivated us to participate again in the fundraiser. With its USP, strong team, and market scope in place, the brand is poised for splendid growth,” Saurabh Deo, Co-founder of We Founder Circle added.
Talking about the fundraising, Ankit Maggu, Co-Founder of Geekster said, “Our offering has witnessed great response from the Students & Employer Partners alike and we shall be working aggressively to scale our operations in the next few months. We are fortunate to have associated with marquee investors who are equally excited about the opportunity and are aligned with our vision for Geekster.”
Further talking about the funding round, Hidekazu Ito of My Navi Corporation, said, “With an aim to contribute towards the upliftment of India’s Education and Human Resource space, we identified that many university students face economic difficulties in paying tuition fees, living costs, and other financial obligations, which is a challenge for their careers. Geekster is addressing the challenge very well, and by supporting Geekster we together will be able to achieve our common goals.”
With this fundraise, Geekster aims to move another step ahead toward its mission of making a million students work-ready in the next 5 years.