Hyderabad-based edtech startup NxtWave has raised $2.8 million in pre-Series A round led by Orios Venture Partners and Better Capital.
Launched amidst the pandemic in September 2020 by Sashank Reddy Gujjula, Anupam Pedarla and Rahul Attuluri, NxtWave claims to be cash-flow positive and has profitably grown by 9X in the last 10 months to $7.5 million ARR.
The startup offers vernacular, asynchronous and online cohort-based training programs in Industry 4.0 tech career tracks for college students, graduates and early professionals. In the last 6 months, 250+ companies have hired NxtWave graduates including the likes of Google, Jio etc, stated the press statement.
