GROWTH SCHOOL: A SKILL GAP FILLER PLATFORM
Community-led living platform Growth School has raised a $5 million seed round led by sequoia capital India and owl ventures.
Entrepreneurs like Kunal Shah, Nikhil Kamath, Ritesh Agarwal, Tanmay Bhat, Austen Allied, Shah Puri, Eric Siu had also participated in the round.
The growth schools plan to utilize these funds to grow their team, platform, market, and build robust technology platforms, they also plan to venture into new markets as part of a foray, to explore metaverse for education.
Growth School is Mumbai based education technology startup started by founder Vaibhav Sisinty in 2020. It was a startup started by six members on an experimental basis to solve the employment problem caused by our education system. From the beginning, the company remains in the stealth and bootstrap model.
The core idea behind the startup is helping the youth and undergraduates to get employed by upskilling them in the skill they already have through knowledge and education from the mentors and teachers who are renowned in that skill in the shortest period.
|GROWTH SCHOOL: A SKILL GAP FILLER PLATFORM
LinkedIn itself launched a ‘career explorer’ to upskill youth for high employment competition. In 2020, LinkedIn said that competition among professionals has increased by 30 % than before the pandemic.
Growth school provided courses on casual topics which are in demand right now for career building. This course ranges to UI, UX, Digital Marketing and Social Media Marketing, Freelance business, NFT, Crypto investment, D2C business, and more.
Courses offered by growth schools consist of real and practical knowledge with the duration of 6 to 12 weeks to give the real-world knowledge to students which they can apply in the real world. It involves flexible learning and learners themselves are involved in teaching by reviewing each other’s assignments and giving adequate feedback.
At present growth, the school provides its service to more than 2 lakh users and its revenue also increased since the beginning.
In India, around $4.5 Billion money is invested in education technology and 67 % of funds are used in test series. While investors are trying to focus on skill development and employment opportunities for youth. After a long year of study, students are not ready for jobs with adequate skills, so in such cases startups like growth school, and wash, upgrade owned knowledge hut byte XL are performing well by giving real-life education to youth which can help them to build their careers.
Ed-tech platforms like growth schools are raised above the stealth and bootstrap mode to fill the skill gap caused by the poor education system. In Indian schools, colleges’ curriculum becomes bloated and old and professors and teachers are unable to provide real-life and right education to students told Vaibhav Sisinty founder of growth school.