A group of thirty angel investors, including Leo Puri, chairman of JP Morgan India, Pankaj Sahni, CEO of Medanta Group of Hospitals, Bahram Vakil, founding partner of AZB & Partners, and Nikhil Mohta, director of ICICI private equity, invested $1 million to Centa, an edtech firm that links teacher accreditation.
The Bengaluru-based business intends to employ new funding to develop a “teaching-as-a-service” (TaaS) ecosystem model that will help state and federal governments and offer on-demand educational services to domestic and foreign educational institutions, as reported by ET.
“Right now, testing and training contributes for almost 45% each, while recruiting currently makes up the rest 10%. But in terms of growth, recruiting will become about 40% eventually,” Ramya Venkataraman, founder and chief executive.
The company has previously raised investments from Omidyar Network, Discovery Assets, Pi Ventures, and 3i Partners.
The Teaching Professionals’ Olympiad is a yearly national competition organised by CENTA. Teaching Quotient: a metric that some schools use to evaluate potential instructors CENTA Micro-credentials (distinguished career prospects and certificates of excellence for promotions)
The company held an Olympiad-style teacher examination platform from 2014 to 2019. It started as a full-fledged business offering teacher credentialing courses in 2019.
Centre for Teacher Accreditation (CENTA®) Private Limited is an end-to-end professional platform for teachers that works with 1 million teachers – probably the world’s largest. CENTA aims to make teaching a more aspirational profession.