Emversity grabs $5M in pre-Series A funding round led by Lightspeed, Z47
Emversity will use the fund to double its presence by expanding from 36 to over 75 campuses across the country, founder Vivek Sinha said in an interaction with YourStory.
Beyond Odds Technologies, the parent of the skill-based training and higher-education platform Emversity, has closed a $5 million pre-Series A round. The round was led by Z47 and Lightspeed, with participation from Alteria Capital and Innoven Capital.
Last year, in April, the company raised $11 million in seed round from Matrix Partners India and Lightspeed, among others.
Founded by former COO Vivek Sinha, Emversity is an employability-focused, skill-based training and recruitment platform for grey-collar roles in critical nation-building sectors like healthcare, travel and hospitality, education, and construction.
The fund will be used for doubling its presence by expanding from 36 to over 75 campuses across the country, Vivek said in an interaction with YourStory. Further, the company also plans to introduce two additional verticals to address skill shortages in other key sectors. Alongside expansion, Emversity is focusing on enhancing international mobility and placement pathways for students already in the system through stronger industry linkages and job-matching efforts.
In the first year, Emversity expanded its operations to 36 campuses across 18 Indian states. It also made its initial footprint in healthcare-focused vocational training, alongside developing partnerships with academic institutions, industry players, and students.
In addition to its healthcare programmes, Emversity recently launched a new vertical focused on travel and hospitality, in line with its stated goal of addressing skill gaps across multiple industries. The company aims to reach over 75 campuses by the end of the current financial year.
Under the ‘Emversity School of Allied Health Sciences’, students are trained for a range of roles, including nurses, caregivers, OT technicians, lab technicians, paramedics, and other allied health positions. Meanwhile, the newly introduced ‘Emversity School of Hospitality’ has partnered with two major global hotel chains to provide skills training in areas such as room operations, food and beverage service, and culinary arts, with programmes launching at nine campuses this year.
“Millions of roles in healthcare, hospitality and construction lie vacant, while one-third of graduates remain unemployed,” Sinha explains. “Our employer-sponsored stipend model solves accessibility; industry co-designed curriculum ensure relevance; and our Centres of Excellence expand capacity.”
On growth ambitions, he added, “In a sector full of broken promises, quality and outcomes are our biggest differentiators. We stay obsessed with best-in-class training and employment results; scale will follow.”
Commenting on the investment, Harsha Kumar, Partner at Lightspeed said “Vivek and his team are bridging a systemic gap between education and employment by aligning training infrastructure with real industry demand, creating a more job ready workforce for critical sectors. What excites me the most is the non-linear impact Emversity can unlock by connecting global demand with the talent pipeline that they are developing.”
Rajat Agarwal, Managing Director at Z47, led the investment, alongside Chandrasekhar Venugopal, Principal at Z47.
“At Z47 we are thrilled to go deeper on this journey with Vivek as Emversity scales in size and impact,” added Chandrasekhar.
Edited by Kanishk Singh