ImpactAlpha, February 2 — Only about 1% of India’s graduating software engineering students find meaningful employment. This “has opened up opportunities for avowed status-quo disruptors like Scaler to push a new kind of thinking,” says Scaler’s Abhumanyu Saxena.
Scaler’s online classes help students to improve their coding and programming skills and give them access to mentors and career coaches at Amazon, Google, Facebook, Netflix, Twitter and other companies.
Scaler’s graduates have gone to work at Microsoft, Uber, Paypal and Adobe, earning about $90,000 per year, said Saxena. Nearly half of the company’s 700 employees are women.
Scaler is “democratizing the privilege of working in technology for millions of Indians,” said Divya Venkatavaraghavan of Lightrock India, which led the round with participation from Sequoia Capital India and Tiger Global. The Series B funding values Scaler at $710 million.