Higher education-focused edtech startup edept raises $1 million

edept, a higher education-focused edtech startup enabling universities and higher-educational institutions to offer industry-led programs, has raised $1 million in a seed funding round.

The round was led by Enzia Ventures and Equanimity Investments. Other investors, include Bhavin Pandya (Founder of Games24x7), edtech leader Arjun Mohan, and Canada-based Loyal VC.

The Bengaluru-based startup plans to use the raised capital to fuel its expansion plans, scale operations, increase its workforce, and enhance its proprietary tech platform.

What does edept do?

Founded in 2023 by Gaurv Bhatia (INSEAD), Puneet Saxena (IIM Lucknow), and Devendra Nagle (IIM Bangalore), edept specialises in empowering universities and institutions to design and deliver differentiated, new-age courses tailored to meet the global job market demands. 

With a focus on improving employability outcomes, the startup bridges the gap between academia and industry, equipping young graduates with skills for success on a global stage.

Addressing skills gaps in high-demand careers

Edept aims to address the skill gaps in high-demand careers and equip graduates through industry-led programs. Its unique focus on both domestic and international programs ensures that students are not only career-ready upon graduation but also empowered to thrive in a global workforce.

"Edept is addressing the critical skills gap in the industry by empowering college students to excel in the jobs of the future. Their collaborative business model positions them to forge strong, long-term partnerships with leading colleges," said Rajesh Sehgal, Managing Partner of Equanimity Investments.

Within its first year of operation, the startup claims to have partnered with seven domestic and international institutions and several industry partners, delivering impactful education to over 450 students. 

Namita Dalmia, Partner at Enzia Ventures, said, “At Enzia, we invest in fundamental human needs with a sharp focus on delivering customer outcomes. Education models that prioritize student outcomes will build trusted, sustainable brands that will help them build a large, profitable business. Edept's innovative approach to collaborating with universities and industry to deliver career-focused programs both domestically and internationally is unique and sets them apart. We are excited to partner with them on this journey.”