DataTrained, which is a Bangalore based Edtech startup has now secured the second round of funding of Rs 12 crore from 3 investors that includes the Rupesh Sinha(Bangalore), Mithlesh Thakur(Bangalore), Ashish(New York), all the high net world individuals for a stake of 20% in the company.
The company has earlier raised Rs 4 crore funding in the year 2016 from a New York-based Punjabi industrialist. With the help of this new funding, the company has now raised a total of Rs 16 crore of funding.
The company will now be going to use the funds to expand into some of the new markers, strengthening its products, and to increase its tech team. It is now also looking to invest in a classroom-based Data Science PG course in the coming year in Noida.
DataTrained is an Edutech company which is having its headquarter based out of Bangalore in the year 2012 by the Jatin Junega. DataTrained Analytics Academy provides the 50 courses which is conducted by the 60 highly rated faculty members.
DataTrained under its brand offers the 11 months certificate course in Data Science with an assurance of 100% placement. They have also tied up with more than 300 companies as the hiring partners.
Commenting on the fundraiser, Jatin Juneja, the founder of DataTrained said” We are grateful that the investors have shown interest in our dreams. We will work towards bridging the wide shortage of talent in the industry and will try to train more and more youths.This funding is a significant milestone in allowing us to expand the business, strengthen development and create value in the market with our features. Our focus will always be to assure our students to get the highest quality, along with reliability & accountability. We look forward to more courses and grow DataTrained footprints at PAN India level.,” he added.
Talking about the investment, Mr. Ashish Nadiawala said “ We have full faith in the entire leadership of DataTrained, Jatin Juneja and Nikhil Mathur who have got promising plans to get a bigger slice in the analytics& education industry. They have the appetite to become a multi-billion company in the future.”