Skill-Lync, In Series A Financing Led By Iron Pillar, Raises US $17.5Mn
The Largest Series A funding received by Indian Edtech Startup in 2021
Engineering-focused edtech start-up Skill-Lync, has raised US $17.5 Million in Series A round, led by Iron Pillar, a venture growth investor backing global tech companies built from India. Existing investors Y Combinator and Better Capital also participated in this funding round. In addition, Binny Bansal (Co-founder of Flipkart), Sai Krishnamurthy (ex-Flipkart; Co-founder of Xto10X) and Rashmi Kwatra (Founder of Sixteenth Street Capital) joined as new investors.
Skill-Lync provides job leading industry-relevant courses in the Mechanical, Electrical, Civil and Computer Science Engineering domains for students in India and other parts of the world. Interdisciplinary and job-oriented courses in topics such as Electric Vehicle Design, Embedded Systems design, Autonomous Vehicle, Renewable Energy, Full-Stack Development, Data Analytics and Construction Project Management, ensure the alignment of the engineering talent pool with the needs of these industries. Given its specialized digital delivery model, the platform has the highest course completion rates in these course categories. The capital raised will be used to increase the number of courses offered by Skill-Lync, build out the next level of the strong management team and expand the business to international markets.
The startup has collaborated with 800+ Industry experts for creating their existing course content and has full-time people with extensive experience in the Industry (with the likes of Bosch, Cummins, ABB, Samsung and Accenture etc.) to provide the students with a world-class learning experience.
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