The partnership is aimed at helping India meet its growing demand for software development engineers, data scientists and machine learning specialists through its upskilling programmes, said a statement issued today.
The collaboration will work towards standardising tech upskilling in emerging high-growth areas and recognise it as the appropriate solution to create a large pool of skilled and certified workforce.
“We believe that our partnership with Scaler will not just help certify deserving trained workforce but also help generate appropriate employment opportunities for the youth of the country. NSDC and Scaler will together address the need of the high-growth sectors identified by the government of India, including IT, electronics, and entrepreneurship. This association has the potential to bridge the supply-demand differences and therefore bridge the ongoing great skills shortage in the tech industry,” said Sanjeeva Singh, EVP of the skill financing team from NSDC.
“In the last four years, over 30,000 people have joined our unique upskilling programmes that comprise world-class pedagogy, an up-to-date curriculum, and trainers and mentors from the tech industry. We are delighted to join hands with NSDC, one of India’s most successful public-private partnerships, and become part of Skill India Mission,” said Abhimanyu Saxena, cofounder of Scaler & InterviewBit.
Scaler is currently witnessing a 90% course completion rate with a 94% successful placement rate, the company said.
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In 2022, the company expanded its footprint in the US, launched co-living campuses, strengthened its leadership team, and launched its learning app on the Play Store.The edtech startup also became cash-flow positive during this period with a valuation of $710 million, up from about $76.5 million in 2020.
It is backed by marquee global investors like Sequoia Capital India, Tiger Global and Lightrock India.