Scaler, co-founded by Abhimanyu Saxena and Anshuman Singh, is a leading Indian edtech platform focused on transforming tech education and career outcomes. Founded in 2019, Scaler offers intensive upskilling programs in software engineering, data science, and AI through its flagship Scaler Academy and Scaler Neovarsity. The platform connects learners with top instructors and industry mentors to ensure job-readiness and strong career transitions. Scaler's curriculum is designed to simulate real-world engineering problems, giving students hands-on exposure to industry practices. With significant growth in its learner community and partnerships with top technology employers, Scaler has become a prominent force in India's upskilling revolution. The company is also expanding into international markets and launching new programs in data science and executive education. This focus on quality and outcomes has positioned Scaler as a transformative leader in tech education both in India and globally.
Metric | Detail |
---|---|
Founding Year | 2019 |
Headquarters | India |
Revenue FY23 | ₹500 Cr |
Revenue FY22 | ₹300 Cr |
Profit/Loss FY23 | Profitable (~₹50 Cr profit) |
Total Employees FY23 | ~1,300 |
Round | Date | Amount Raised | Valuation | Investors |
---|---|---|---|---|
Series B | Feb 2022 | $55 million | ~$710 million | Lightrock India, Sequoia Capital India, Tiger Global |
Series A | Aug 2020 | $20 million | — | Sequoia Capital India |
Scaler’s revenue grew from ₹300 Cr in FY22 to ₹500 Cr in FY23 and is projected to reach ₹700 Cr in FY24. The company achieved profitability in FY23, showcasing strong business fundamentals and demand for its upskilling programs.
Expense ratios have improved from 85% in FY22 to a projected 60% in FY24, driven by operational efficiencies, higher scale, and better student acquisition costs.
Scaler’s team expanded from ~1,000 in FY22 to ~1,300 in FY23 and is projected to reach ~1,500 in FY24, reflecting strong growth in content, mentoring, and tech support teams for new verticals.
Scaler has announced new global hackathons, expanded into AI and data science verticals, and is investing in hybrid learning centers to further strengthen its brand positioning and student success outcomes.
Metric | Detail |
---|---|
Revenue Growth | Strong and accelerating |
Profitability | Profitable since FY23 |
Employee Growth | Robust expansion |
Market Position | Top-tier tech upskilling platform |
Scaler’s rapid revenue growth, operational efficiency, and strong brand in tech education position it as a market leader in India and beyond. With profitable operations and a focus on new geographies and verticals, the company is well poised for long-term success. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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