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Edtech Startup Nxtwave Raises $33 Million In Funding Round Led By Greater Pacific Capital

Feb 21, 2023•almost 3 years ago

Amount Raised

$33 Million

Hyderabad

Description

Edtech firm NxtWave on Tuesday said it has raised $33 million (about Rs 272 crore) in its latest funding round led by private equity firm Greater Pacific Capital. NxtWave's existing venture investor Orios Venture Partners also participated in the funding round. Founded by IIT Bombay, IIT Kharagpur and IIIT Hyderabad alumni Sashank Reddy Gujjula, Anupam Pedarla and Rahul Attuluri, NxtWave plans to use the fund for organic and inorganic expansion of business in both domestic and overseas markets. "We are excited to have Greater Pacific Capital (GPC) as a new partner in our journey

Company Information

Company

NxtWave

Location

Hyderabad, Sindh, Pakistan

About

At NxtWave, we are determined to transform youngsters into highly skilled tech professionals irrespective of their educational background. With our Continuous Career Building Programs 4.0 (CCBP 4.0), anyone can build 4.0 skills and get high-paid jobs centered around 4.0 technologies like AI, ML, Full Stack Development, Cybersecurity, IoT, VR/AR, Blockchain and more. For the first time in India, we have introduced Industry-Ready Certification (IRC) which represents a learner’s industry readiness. We are building India’s Largest 4.0 Tech Student Community bringing together a group of forward-thinking and tech-savvy minds. ‍This community serves as an ecosystem to help students build skills and careers in 4.0 technologies. More than 2,00,000+ students from 3,000+ colleges across 35 Indian states & UTs are a part of the community.

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