Mangalore-based edtech startup MicroDegree on Wednesday announced to have raised an undisclosed amount in a recent funding round that was led by marquee investors including Siddharth H. Somaiya, founder and chief executive officer, Organic Riot in an Individual capacity, and RIIDL (Research Innovation Incubation Design Labs).
MicroDegree is an online education platform, working towards democratizing IT and Job-ready skills for the Bharat market through vernacular courses.
“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. We believe a language shouldn’t be a hindrance for anyone to fulfill their dreams. We will use the investment to further advance our technology to come up with more efficient solutions and expand our network,” said Manikanta Nair, co-founder, MicroDegree.
Published on: June 23, 2021