Tech upskilling Scaler (by InterviewBit) has raised $55 million (about Rs 410 crore) in funding led by new investor Lightrock India. Existing investors, Sequoia Capital India and Tiger Global, also participated in the Series B round, a statement said.
With this fresh round of funding, the total capital raised by Scaler Academy since January 2020 stands at $76.5 million, with a valuation of $710 million, it added.
Scaler will use the funding to aggressively pursue its international expansion plans, launch new product offerings/business verticals, make strategic acquisitions, invest in best-in-class talent, and grow its customer base in India and globally.