In a remarkable milestone, edept, an edtech startup dedicated to transforming higher education, has successfully secured $1 million in seed funding. The funding round, led by Enzia Ventures and Equanimity Investments, also saw participation from notable investors like Bhavin Pandya (Founder of Games24x7), edtech leader Arjun Mohan, and Canada-based Loyal VC.
This infusion of capital will power edept’s ambitious growth plans, including scaling operations, expanding its workforce, and enhancing its proprietary tech platform to bridge the gap between academia and industry like never before.
A Vision Rooted in Industry-Led Education
Founded in 2023, edept is on a mission to empower universities and institutions to design innovative, career-focused programs aligned with global job market demands. By equipping students with industry-relevant skills, edept is not just enhancing employability but also enabling global career mobility.
Within its first year, edept has already partnered with seven domestic and international institutions, impacting over 450 students with programs tailored to high-demand careers in fields like AI/ML, Business Analytics, and Cybersecurity.
This vision is driven by a dynamic founding team, including Gaurv Bhatia (INSEAD), Puneet Saxena (IIM Lucknow), and Devendra Nagle (IIM Bangalore), who bring deep expertise across education, finance, media, and technology. Supporting the leadership team are key individuals like Reema Limbad, who has over 20 years of experience in corporate relations, and Kirtiga Iyer, who leads brand strategy and offline marketing. Deepna Arora oversees university partnerships in India, while Ayushika Sen focuses on student acquisition. Together, this diverse team, alongside the rest of edept’s dedicated professionals, has been instrumental in driving the company’s success and bringing its vision to life.
Why Investors Believe in edept?
Investors have been quick to recognize edept’s potential to revolutionize higher education. Commenting on the funding, Namita Dalmia, Partner at Enzia Ventures, shared:
“edept’s innovative approach to collaborating with universities and industry to deliver career-focused programs both domestically and internationally is unique and sets them apart. We are excited to partner with them on this journey.”
Rajesh Sehgal, Managing Partner at Equanimity Investments, echoed the sentiment:
“edept is addressing the critical skills gap in the industry by empowering college students to excel in the jobs of the future. With global ambitions and a mission to prepare students for a rapidly evolving world, edept is set to make a lasting impact.”
Shaping the Workforce of Tomorrow
As edept continues to grow, it remains focused on its mission to transform higher education by integrating real-world relevance into academic programs. By doing so, the startup is not only reshaping the educational landscape but also preparing students to thrive in a global workforce.
With this new funding, edept is poised to scale its efforts, expand its reach, and further strengthen its position as a leader in higher education innovation.
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