SkillArbitrage, a Gurugam-based education technology company, has announced the acquisition of Dataisgood, a top data science training platform, in a $3 million partly stock, partly cash deal.
Founded in 2021 by an experienced founder and serial entrepreneur, Ankit Maheshwari, Dataisgood aspires to build courses that encourage students to love the subject and become lifelong, passionate learners and explorers. The company believes that regardless of background, everyone deserves an opportunity to demonstrate their potential to the world, where nothing can stop them from becoming who they want to be. Every student’s life has been filled with hurdles as they learn modern technology. The platform is here to help Indians realize their ambitions as they get older.
Speaking on the deal, Chief Executive Officer of SkillArbitrage, Ramanuj Mukherjee, said:
SkillArbitrage is glad to have Ankit and his team along for this journey with us, and we see a lot of opportunity to scale in this market.
With this acquisition, SkillArbitrage will add data science, data analysis and cybersecurity courses to its repository. These courses will have global relevance and open doors to new entrepreneurial and remote-work opportunities for learners.
Data science, data analysis and cybersecurity are some of the most sought-after skills in today’s technology-driven world, with applications across industries. Professionals who train with SkillArbitrage earn in dollars no matter where they live. Some learners also empower Indian companies working with international clients & markets.
Founder of Dataisgood, Ankit Maheshwari, added:
Switching domains from electrical engineering to tech, I often felt the pain of being an outsider. But it is in unfamiliar terrain that I have founded some of the most innovative tech startups. Dataisgood was born out of a desire to ease this transition for people like me, and we can scale much faster with SkillArbitrage along with us.
Established in December 2022, SkillArbitrage is an initiative of Addictive Learning Technology Pvt Ltd, the name behind one of India’s largest and most reputable online EdTech brands. The platform trains working professionals from India and other developing countries to get international remote jobs, remote internships and freelance work in startups & SMEs in advanced economies like the US, UK and Canada. Within six months of its launch, the startup has found jobs and freelance gigs for learners in 90 Indian and 12 international companies.
Shishir Singh, Co-founder of Dataisgood, commented:
From my beginnings as a data analyst in e-commerce, I have witnessed the transformative power of data on businesses. [This is] an exciting partnership that fuels our mission of igniting innovation. Together, we will reshape the data-driven tech leadership landscape.
With more businesses worldwide seeking remote workers – because they can access a better talent pool at a fraction of the cost – it has become increasingly important to help Indians identify, prepare and pitch for these cross-border career opportunities. SkillArbitrage courses and placement support have been especially popular with homemakers and mothers of young children, professionals looking for side gigs and extra income, digital natives wanting to escape office cubicles and those living in smaller cities who cannot move to metros to find jobs.