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Edtech startup DataTrained bags Rs 12 Cr from HNIs

Edtech startups in India are having a good time for the past couple of years. Startups that caters sub-categories like online test preparation, board exams preparation, professional courses and advanced courses like AI and ML have been making a competitive market for newcomers.
While Byju’s, Unacademy, Toppr, among other blue-chip investors backed startup are making the headlines, another player in this segment called DataTrained has raised Rs 12 crore fresh funding from high net worth individuals.
DataTrained that offers an 11-month certificate course in Data Science has received the latest proceeds in its second round of funding led by Ashish Nadiadwala, Rupesh Sinha, and Mithlesh Thakur.
Following the investment, the trio has picked up around 20 per cent stake in the Bengaluru-based startup, reveals the company’s press statement.
So far, DataTrained has raked in Rs 16 crore cumulative fund and looking to foray into Noida with investment in classroom-based Data Science PG course by the next year. Besides, it is looking to expand the business to pan India and add more courses in its portfolio.
The six-year-old startup founded by Jatin Juneja has its own learning academy called DataTrained Analytics Academy which offers 50 courses conducted by 60 faculty members.
It offers two program modes (online and offline) that include recorded and live lectures with study material from faculty comprising of real-world cases, logical reasoning, and others.
DataTrained also claims to offer 100 per cent placement under the 11 months certificate course. The startup has tied up with more than 300 companies as hiring partners such as Infosys, Amazon, Flipkart, and Future Group.
Source: Entrackr
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