GrowthSchool, a Community-led learning platform, raises $5M in a Seed round

Bengaluru-based GrowthSchool, a Community-led live learning platform, today announced it has raised $5 million or Rs 37.5 crore in a Seed funding round led by Sequoia Capital India and Owl Ventures.

The round also witnessed participation from over 80 angel investors, including Kunal Shah (CRED), Nikhil Kamath (Zerodha), Ritesh Agarwal (OYO), Tanmay Bhat (YouTuber), and some international angels like Austen Allred (founder Lamda school), Shaan Puri, Eric Siu (Singlegrain).

GrowthSchool fills the gap between industry requirements and the existing academic curriculum through its community-led cohort programs. The programs are curated in such a way to teach skills that are relevant on the job in a short period of time so students are employable immediately, the statement said.

The platform offers a wide range of programs such as UI, UX, Performance Marketing, how to become a freelancer, how to build and sell your NFT, how to Invest in Crypto, how to start a D2C business, etc.

Launched in 2020 as a bootstrapped startup with a lean six-member team. Since its inception, GrowthSchool claims close to 2,00,000 users have accessed its programmes, even as the platform was in stealth mode for the most period — a testament to the fast-growing user demand for the programs.

“I spent the last two years training over 100,000 people in growth marketing, and that's when I realized most of the candidates wanted real-life skills that they can use to produce immediate results in their careers. When someone is actively seeking a job, they do not have the luxury of doing a long-term program that spans over months. That is how I founded Growth School, with the mission of helping people get the best skill upgradation from top professionals in the industry, over the shortest period of time," Vaibhav Sisinty, Founder of Growth School, said.

GrowthSchool says the raised capital will be deployed towards team expansion and building a robust technology platform. Apart from this, The startup also has plans to venture into newer markets and as part of that foray, also explore metaverse for education, it said.

Additionally, The Bengaluru-based startup is aiming to expand the range of programs it offers as well as expand its reach beyond India, as most of the programs offered have a universal appeal and relevance, it adds.

Speaking on the investment, Kriti Bansal, Owl Ventures said: "We believe that Growth School has the potential to fundamentally shift how learners upskill and prepare for their personal and professional lives today. By teaching highly-relevant topics in short bursts from the leading experts on those topics, GrowthSchool is building the go-to global platform for upskilling.”

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