MyCaptain, an edtech platform, said that it has raised $3 million in pre-Series A fundraising backed by Ankur Capital. Inflection Point Ventures (IPV), Firstport Ventures, and IIM-CAN – a network of IIM Calcutta alumni – also participated in the financing.
The company, which is owned and operated by Climber Knowledge and Careers Pvt Ltd, wants to utilise the funds to increase the reach of its courses, onboard more users, and quadruple its revenue. Mohammed Zeeshan, Sameer Ramesh, and Ruhan Naqash co-founded MyCaptain. Students can use the platform to explore new job alternatives and improve their practical abilities.
It also promises to provide over 30 beginner and advanced cohort-based courses on topics such as content writing, social media management, fashion design, advertising and entrepreneurship. The startup has so far counted over 150,000 learners.
“It is an exciting time for ed-tech in India as we see several new categories emerging, and MyCaptain has been a category creator and leader of our segment specially focused towards new-age careers. According to a McKinsey report, more than 65 million jobs will be created on the internet by 2025, and there’s no hand-holding or guidance for these jobs so far.”, said the CEO.
“With an industry-leading NPS (Net promoter score) of 70 and record high completion rates, MyCaptain is one of the most preferred online course platforms in such fields in India,” added Mohammad Zeeshan, Chief Executive Officer and Co-Founder, MyCaptain.
“There is a global trend to reimagine how employment will be structured, particularly in the context of new-age careers. About 1.1 billion on-demand gig-workers exist globally, and India already is one of the largest in terms of scale and growth of internet freelancers globally,” stated Rema Subramanian, Co-founder and Managing Partner, Ankur Capital.
Mycaptain is an online platform where you can learn what you love from young professionals in real-time and online. The team believes that kids should be able to make informed job decisions. They hope to facilitate a societal mentality shift in the country and eventually the world regarding many wacky and typical careers.
Mentors lead one-month online, live courses for students to help them learn the fundamentals and acquire a sense of career options in their subject of interest.
The regular online meetings are one-to-many; however, individual one-to-one sessions can be organised in the event of additional questions. Any such extra session is entirely free, and students can continue to address their concerns even after the programme has ended.