MyCaptain, an edtech startup, has made headlines by raising INR 14 Cr (around $1.6 Mn) in an undisclosed funding round from a clutch of investors. These investors include Inflection Point Ventures, Piper Serica, Super Capital, MyNavi, and Ankur Capital, among others.

As per the edtech startup, the freshly raised capital will be used to expand into newer cities. Additionally, the freshly raised funds will enable the startup to set up regional sales centres and roll out additional courses.

MyCaptain | Edtech Startup

Founded by Mohammed Zeeshan, Sameer Ramesh, and Ruhan Naqash in 2016, MyCaptain is an ed tech startup that enables people to choose new career options across content, design, visual arts, finance, and business, helping them develop practical skills. The edtech platform has courses designed for career discovery and exploration. Additionally, the startup runs job-focused boot camps in classroom centres and online.

Speaking about the development, Mohammed Zeeshan, Co-founder of MyCaptain, highlighted that this fresh round of funding will enable the startup to continue focusing on building out a full-stack career platform for your early career journey.

Statement from the Investor

Commenting on the development, Mitesh Shah, Co-founder of Inflection Point Ventures, shed light on a pressing issue in the current professional and educational landscape. He pinpointed a significant gap in mainstream education where vital skills such as web design, social media management, content writing, and digital marketing strategies are not adequately addressed or integrated into curriculums.

Shah added,

“MyCaptain addresses the gap by offering courses like business analytics course, digital marketing, and more to ensure students are well-prepared for the evolving professional landscape.”

MyCaptain claims to have surpassed 20,000 enrollments across courses, with aims to hit a revenue of INR 31 Cr in FY24. In 2022, the edtech startup raised $3 Mn in its seed funding round.

As per a report by Inc42, the e-learning sector in India is expected to reach $29 Bn market by 2030.

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