MyCaptain enabling people to pursue a career they love raises Rs 14Cr led by IPV, others

Edtech startup MyCaptain, which is aimed at enabling people to pursue a career they love, has raised Rs 14 crore in a funding round led by Inflection Point Ventures, with participation from other investors, including MyNavi, Piper Serica, Super Capital, and Ankur Capital.

Expanding hybrid programs into diverse cities

With this funding, The startup plans to expand its hybrid programs into diverse cities, establishing 4+ regional sales centres. Additionally, It aims to enrich course offerings, introducing new programs to reach a portfolio milestone of 50+ beginner courses and 5+ placement readiness programs. 

Who are the founders?

MyCaptain was founded in 2016 by three Forbes featured Mohammed Zeeshan (CEO), Sameer Ramesh (CLO), and Ruhan Naqash (COO).

The startup provides a full-stack career platform for early career journeys, offering courses for career discovery and exploration and job-focused boot camps. With MyCaptain, individuals can access full-time jobs, freelance gigs, and internship opportunities, supporting their mission to empower everyone to follow their passions and achieve career success.

Addressing the industry gap

Mitesh Shah, Co-Founder of Inflection Point Ventures, comments on the digital era's sweeping transformation across all industries, highlighting the education sector's stagnation. He emphasizes the urgent need for courses in web design, social media management, content writing, and digital marketing strategies,"

He said MyCaptain addresses this gap by offering courses like Artificial Intelligence, Business Analytics Course, Digital Marketing, and more, ensuring students are well-prepared for the evolving professional landscape.

"With the Indian Ed-tech market projected to reach 10.4 billion U.S. dollars by 2025, MyCaptain’s focus on practical skill development positions it as a leader in the Ed-tech space," he added.

MyCaptain growth

MyCaptain says it has trained many people who paid for its beginner and job placement programs. The company has also kept an average Net Promoter Score (NPS) of over 50 for its various courses.

Last year, MyCaptain worked with more than 1000 companies to help over 1300 students get good jobs. These jobs pay 35% more than the average salary. MyCaptain's special learning program has been very successful. More than 25% of the students got jobs within a month after finishing their courses, it said.