14 Nov 2022 , 12:07 PM
Business Wire India
Masai School ropes in Mithali Raj and Baichung Bhutia as investors |
These programs, along with Masai’s existing offering, Masai 0NE, will be supported by 2 scholarships that are being enabled by Bhaichung Bhutia and Mithali Raj, who joined forces with Masai because of their shared interest in reimagining higher education in India.
Speaking at the press event, Mithali Raj said, “The common thought in India is that when a woman chooses her sporting career, her personal life takes a backseat. However, with Masai, Every individual gets yet another chance to have another career option apart from sports and excel in it."
Bhaichung added, “Access to quality education should be a fundamental right, irrespective of spending potential. And I commend Masai for creating India’s largest outcome-driven higher education institute that identifies untapped talent and makes them job-ready through a pay after placement mode. I am delighted to partner with a brand like Masai that is making a tangible contribution to the future of the youth in this country."
The 2 sports icons also announced Mithali Raj Scholarship for Women in Tech & Bhaichung Scholarship for Extracurricular Excellence, which will make available financial aid of ₹1.5cr in financial aid for students studying at Masai per year. The scholarship would be distributed based on academic performance and extracurricular credentials, respectively.
In 2021, the startup had raised its Series A round worth $5 Mn led by Omidyar Network India. Investors who participated in the round included Unitus Ventures, India Quotient and AngelList. The start up, which has positioned itself as a skilling institute, also raised funds in 2021 through seasoned angel investors such as Kunal Shah of Cred, Paytm’s founder Vijay Shekhar Sharma, Delhivery’s Mohit Tandon & co-founder of Tracxn, Abhishek Goyal among others.
To date, Masai has placed more than 2000 students across 25 batches that have graduated, with a placement rate of over 94% with an average CTC of 7.5 lakh INR per annum. The company has enabled student placements in some of the most sought-after engineering teams in India, including companies such as Ola, Swiggy, Meesho, Capgemini, Paytm, Dream 11, GlobalLogic and ShareChat. Masai currently has 7000 students enrolled in active batches.
About Masai School
Masai School is a Series B funded JobTech startup based out of Bangalore. As India’s fastest growing career institute, Masail offers software development and data analytics programs, designed to train and mold learners into skilled and job-ready professionals. Learners are enrolled at zero upfront fee and pay after placement of 5 LPA or more. The program is open to any individual irrespective of their educational background. As the country’s sole outcome based institute, the company is working in partnership with National Skill Development Corporation to create a framework for skill based tech learning in India. Read more about Masai School on www.masaischool.com.
Social Media Handles:
Instagram: @masaischool
Twitter: @masaischool
Youtube: https://www.youtube.com/MasaiSchool
Masai Representative: Pragun V. | pragun@masaischool.com | 9711547794
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