Edept, a Bengaluru-based edtech startup focused on higher education, has secured $1 million in seed funding.
The round was led by Enzia Ventures and Equanimity Investments, with participation from notable investors like Bhavin Pandya (founder of Games24x7), edtech expert Arjun Mohan, and Loyal VC from Canada.
Edept Secures Major Funding
The funds will be used to expand edept’s operations, grow its team, and enhance its proprietary technology platform to better serve universities and educational institutions.
Continue Exploring: Flipkart Partners with NCERT to Enhance Access to Educational Resources Across India
Founded in 2023 by Gaurav Bhatia (INSEAD), Puneet Saxena (IIM Lucknow), and Devendra Nagle (IIM Bangalore), edept helps universities create industry-driven programs designed to meet global workforce demands. By aligning academic courses with real-world needs, the startup aims to boost employability and prepare graduates for the challenges of a competitive global job market.
Comments by Top Industry Leaders
Rajesh Sehgal, Managing Partner of Equanimity Investments had this to say: “Edept is addressing the critical skills gap in the industry by empowering college students to excel in the jobs of the future. Their collaborative business model positions them to forge strong, long-term partnerships with leading colleges,”
Continue Exploring: Pepperfry Promotes Madhusudan Bihani to Chief Financial Officer
On the other hand, Namita Dalmia, Partner at Enzia Ventures, said, “At Enzia, we invest in fundamental human needs with a sharp focus on delivering customer outcomes. Education models that prioritize student outcomes will build trusted, sustainable brands that will help them build a large, profitable business. Edept’s innovative approach to collaborating with universities and industry to deliver career-focused programs both domestically and internationally is unique and sets them apart. We are excited to partner with them on this journey.”
