Upskilling edtech startup NxtWave raised $33 million in funds led by Greater Pacific Capital (GPC) where existing venture investor Orios Venture Partners also participated.
NxtWave offers online cohort-based training programs in vernacular languages to college students and working professionals. NxtWave intends to use the fund proceeds to develop products and content, hire talent, and onboard more than 10,000 companies that will hire its learners. The funds will also be used by the startup to expand across India and make acquisitions in the coming years. According to the startup, thousands of its students have been hired by over 1250 companies after completing its training programmes.