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The Silicon Review Asia

Indian edtech firm Simplilearn raises $45 million from GSV Ventures, others

Indian edtech firm Simplilearn raises $45 million from GSV Ventures, others

Simplilearn offers digital upskilling programmes for professionals, enabling learners to upgrade and get certified

Simplilearn, the Indian EdTech company raised $45 million from GSV Ventures, a multi-stage venture capital firm. Other investors who participated in this round includes, ADQ’s venture platform, DisruptAD and Clal Insurance. Deborah H Quazzo, managing partner, GSV Ventures said “With immense experience investing and working with education firms around the world, it is certain that the demand for knowledge-gain and upskilling is omnipresent. Like many other sectors, technology is disrupting education, and edtech has been a key focus area for us.”

The company, Simplilearn offers digital upskilling programmes for professionals, enabling learners to upgrade and get certified in fast-growing digital domains. The edtech collaborates with global institutions like MIT Schwarzman College of Computing, Isenberg School of Management, UMass Amherst and the Isenberg School of Management and Caltech CTME. The company was founded in 2010, and since then has expanded to serve 120,000 paid B2C learners and over 100,000 enterprise learners on its platform in the last one year.

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