Moat School, an EdTech startup offering certified technology programs, has recently raised an undisclosed amount in its pre-Series A round led by a marquee investor Anurag Verma, a renowned boardroom strategist instrumental in driving and delivering growth for larger companies. The Bengaluru-based firm plans to deploy the fresh capital in scaling its state-of-the-art tech stack and foraying into new products and markets. By bringing the corporate world into the classroom and vice versa, it envisions creating future tech and business leaders.
Co-founded in 2021 by Uttam Tiwari, Omkar Raikar and Manikanta Prasad, Moat School is an upskilling platform for students and early career professionals, who get lessons from corporate leaders. The platform’s mission is to bring the corporate world into the classroom and vice versa, everyday. The startup believes that it is their responsibility to create future Tech and Business leaders.
Commenting on the fundraising, Co-founder & CEO of Moat School, Uttam Tiwari, said:
We are glad to receive the funding for our effort that is closely tied with the developmental agenda of tech talent. We empower potential leaders with skills needed for future careers, further boosting the growth of the digital-first corporate world.
Moat School claims to have earned good traction over a short period of time as it has trained more than 2000 students with over ten programmes. The courses were led by Garima Mehta ( design lead at EY), Shivam Chaube ( data science consultant at Deloitte), Sandesh Gupta ( head of Digital Marketing– USA and MPL) and Ashwin Kumar ( associate data science consultant at Capgemini). The company has also partnered with two NBFCs, IBM, Nasscom Future Skills, Hirist and Naukri for different strategic initiatives.
Talking about Moat School’s growth journey, Anurag Verma, the key investor, added:
Moat School has built a strong tech product and platform which has resulted in good traction in a short period of time. Its growth is justified by the founders’ deep passion for affecting the lives of learners by consistently delivering high-quality lab-based programs taught directly by top corporate executives who have built great companies. It is strategically well positioned to acquire a bigger slice in the Indian EdTech pie with a scalable business model and positive bottom line.
According to the company, it is planning to bag Rs 5 crore in revenue in the financial year ( FY) 2023. It also targets to achieve 8-10x growth in the coming 10-12 months.
