The company reported a net loss of Rs 3 crore for the year, significantly lower than the Rs 139 crore loss in FY24, while its operating revenue fell to Rs 363 crore from Rs 384 crore. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) turned positive at Rs 5.5 crore.
Founded in 2019, the Bengaluru-based firm operates across three segments. One vertical offers online upskilling courses for working professionals, training around 15,000-20,000 annually. Another is an offline campus for post-school students, which currently has about 1,400 enrolments. A third focusses on serving enterprise clients.
According to cofounder Abhimanyu Saxena, the startup’s online division is expanding steadily and is already profitable, allowing the company to invest in its newer businesses.
“Online certification is now a large, stable, and profitable business, generating roughly $50 million in revenue. Also, our enterprise business is growing very quickly. Although it is only about six months old, we expect to close the calendar year 2026 at around $10 million in revenues,” Saxena told ET.
When it comes to courses, AI-focussed programs are witnessing strong demand from both younger students and working professionals, he said. This comes at a time when new learners are not just looking to upskill in existing roles but often aiming to switch industries altogether, driven by fears of redundancy due to rapid technological evolution.
“Online learning is definitely a need in this country. Given the large number of unskilled young people we have, online education is the best way to address this at scale. So, we will continue to double down on it,” he added.
For the current fiscal year, Scaler expects revenue growth across all its business units driven by greater scale, improved programmes, and increased use of AI-driven learning experiences. In 2025, Scaler’s enterprise arm widened its footprint in the Middle East, working with government agencies to run specialised skilling programmes.
The company, valued at $710 million, is backed by investors like Peak XV Partners and Tiger Global. The startup last raised $55 million in a funding round led by Lightrock India in 2022. It competes with the likes of Newton School and Masai School.