Jigsaw Academy raises $3m in round led by Manipal Global Education
Jigsaw Academy, which offers courses in big data, data analytics and specialised courses for specific sectors, has raised Rs 20 crore ($2.9 million) in its first round of funding led by Manipal Global Education Services.
TV Mohandas Pai has also participated in the round and is joining Jigsaw Academy’s advisory board.
The education firm will use the money for its expansion plans.
“We believe the company has established itself as a market leader in the analytics and big data space, and the investment will help them achieve rapid scale,” said S. Vaitheeswaran, managing director and CEO of Manipal Global Education Services.
“Trained professionals who understand the right approach to applying analytics will drive new value propositions across industries and companies of all sizes. When empowered with training in the right data-driven frameworks and methodologies, they will show that big data is more than just a buzzword – it is a truly transformative approach to growing businesses and improving decision-making,” said Pai.
Founded in 2011, Jigsaw Academy has trained over 40,000 students and more than 100 corporates and IT giants across different verticals.
Yumist raises $2m led by Ronnie Screwvala’s fund
Existing investor Orios VP. Steven Lurie, a Valley based investor, also joined the round.
The funds will be used to build the team, expand its footprint and create a brand in a market where none exists.
“Yumist is solving a core problem in one of the largest F&B markets in India. We liked the team and their approach to building the business. They come with the right skill sets and have demonstrated a good understanding of the market and solid execution capabilities”, said Ronnie.
Founded in November 2014 by Alok Jain and Abhimanyu Maheshwari, Yumist serves home-style meals prepared in its own kitchen.
“While everyone was writing off food-tech in India, we kept our heads down and focused on building a profitably scalable business while staying true to the customer problem. This approach helped us grow organically and maintain a low cash burn. We are super excited to have Ronnie on board, his experience and guidance will be crucial as we take Yumist to the next level,” said Abhimanyu Maheshwari.
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