Bangalore based ed-tech company IntelliPaat to raise series A

IntelliPaat, a Bangalore based ed-tech company offers an online upskilling platform for working professionals. The platform offers over 150 technical and management courses, which are designed in-line with industry standards by industry experts for individual customers as well as corporate clients. The company was founded by Diwakar Chittora and Shilpi Jain, with an aim to provide professional education.

IntelliPaat offers advanced courses on several categories – especially niche technologies – such as Big Data, Data Science, Machine Learning, Artificial Intelligence, DevOps, Salesforce, AWS etc. The company has also launched multiple courses in collaboration with top Indian universities such as IIT Madras, IIT Guwahati, IIT Roorkee, MNIT Jaipur, SPJIMR etc. Its marquee B2B Clients include Adobe, HP, Samsung, Tech Mahindra, Societe Generale, NASDAQ etc.

A statement made by the company said, “This bootstrap company has seen a skyrocketing revenue growth of approximately 100% in last 4 months with EBITA of 25%. Over 1,000 industry-expert instructors are associated with the company, offering instruction to around 1 Mn+ learners. The platform has global presence with 40% learners from outside India (majorly USA and Canada). It has over 80,000 paid learners from inception and is set to cross Rs 100 Cr ARR by this month. In the history of edtech, it’s the only company running at such large scale being completely bootstrap and maintaining EBITA of 25. Currently, the company is looking to raise funds for their Series-A round.”

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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