Upskilling startup NxtWave has raised Rs 275 Crores in its latest fundraising round, led by Greater Pacific Capital (GPC), a leading international private equity firm. NxtWave’s existing venture investor Orios Venture Partners also participated in the current round. Founded by IIT Bombay, IIT Kharagpur and IIIT Hyderabad alumni, Sashank Reddy Gujjula, Anupam Pedarla and Rahul Attuluri, NxtWave is building India’s largest online employability platform for new-age technology careers.
According to a press communication the company has been successful in creating job-ready tech professionals through its training programs. Over the last couple of years, 1250+companies, from fast-growing startups to Fortune 500 giants have hired NxtWave learners. Students from all the 38 districts of Tamil Nadu are learning with NxtWave and getting ready for software careers.