MyCaptain raises Rs 14 crore in funding from Inflection Point Ventures, others

economictimes.indiatimes.com:

startup MyCaptain said it has received Rs 14 crore funding from a bunch of investors including Inflection Point Ventures, an angel investing platform. The other investors in the funding round were MyNavi, Piper Serica, Super Capital and Ankur Capital, it said.

With this fundraising, MyCaptain plans to expand its hybrid programmes into diverse cities, establishing four regional sales centres. It is also looking at introducing new programmes with a target to reach a portfolio milestone of about 50 beginner courses and five placement readiness programmes, according to a company statement.

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MyCaptain was founded in 2016 by Mohammed Zeeshan (CEO), Sameer Ramesh (chief learning officer) and Ruhan Naqash (chief operating officer), who have all received a special mention in the Forbes ‘30 Under 30’ list.

“With the Indian ed-tech market projected to reach $10.4 billion by 2025, MyCaptain’s focus on practical skill development position it as a leader in creating an ed-tech platform that focuses on job readiness compared to others that focuses on pre-K-12 and K-12 segment,” said Mitesh Shah, co-founder, Inflection Point Ventures.

Hidekazu Ito, managing director, Mynavi, said, “We believe that their sustained growth will make a positive impact on the freshers or young