Edtech startup MicroDegree has announced that it has raised undisclosed sum in the latest financing round from investors including RIIDL (Research Innovation Incubation Design Labs) as well as Founder and CEO of Organic Riot – Siddharth H Somaiya in an Individual capacity.
Speaking on the investment, Manikanta Nair, Co-founder of MicroDegree, stated, “We will use the investment to further advance our technology to come up with more efficient solutions and expand our network. It is exciting to have big industry names back our vision. It encourages us to achieve our goals in the journey to empower local engineering talent from non-metro cities with foundational clarity of tech in vernacular language. Our mission is to connect them with the right opportunities at an affordable price.”
Siddharth H Somaiya added, “What is better than learning a skill like coding in your own language? I think Micro-degree will revolutionise up-skilling and make technology accessible to people who otherwise would not get access to that pedagogy due to a language barrier.”
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.