Simplilearn is described in the article as a Blackstone-backed Indian edtech platform. The piece identifies the company only as an edtech platform and does not elaborate on specific products or services. On Wednesday the company raised $45 million in a new funding round led by GSV Ventures. The raise is presented as bucking a broader funding slowdown in the Indian edtech sector. The article does not disclose operating metrics, future plans, or other financial details. Simplilearn offers short-term professional certification courses delivered online and via classroom workshops, with a catalogue of more than 200 courses and 40 accreditations. Since launching in 2010, the company says more than 400,000 people have been certified through its programs. Its most popular courses include big data and analytics, digital marketing, project management, and various web programming languages. Simplilearn emphasizes certifications with direct impact on career growth. The company aims in 2015 to train 1 million new users and to double its course catalogue. Financially, Simplilearn raised $15M in a Series C and has now raised $27M in total. Simplilearn operates an online and classroom training platform focused on professional certification and skills training across areas such as project management, Agile and Scrum, IT service management, big data and cloud computing, IT security, finance, quality management, SAP, CompTIA, Microsoft, and Cisco. Led by CEO Krishna Kumar, the company serves working professionals and has trained over 75,000 professionals in more than 150 countries. Simplilearn intends to diversify and expand its course catalog to add more categories and improve customer engagement. The company plans to hire local team members in the US, UK, Australia and the Middle East to support growth. It also plans to enhance its technology platform to make courses available on mobile devices. In September 2013, Simplilearn raised $10M in a Series B to support these initiatives.

Total raised

$70M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2022