-based AI-focussed edtech startup Verzeo has secured Series A funding of $5 Mn.
The company secured the funding from undisclosed high net-worth (HNI) individuals in India and plans to use the funds to improve marketing and expansion of the product as well as on research and development.
Founded in 2017, Verzeo aims to help bridge the gap a student faces between the classroom environment and the workplace atmosphere by training them through various courses and industry programmes. Verzeo provides guidance and support to students to equip and prepare them for real-world jobs, beyond the college or internship environment.
Verzeo provides both online and offline courses to students who are fresh out of school or are pursuing undergraduate or postgraduate courses. The startup collaborates with Microsoft Corporation as an authorised education partner for the courses.
Its programmes include Azure cloud computing, web development, machine learning, technology-based programs, artificial intelligence (AI), SharePoint, Power PI, Selenium, DLSI, and 50 other courses.
Verzeo offers annual online programmes, in summer and winter, with course durations ranging from 15 to 60 hours. However, one can start with the offline course at any time of the year.
Further, it also collaborates with various multinational companies (MNCs) to provide internship opportunities to its students.
Earlier in April, Verzeo had raised an undisclosed amount of seed funding at a valuation of $10 Mn.