Edtech Startup Edept Raises $1 Million In Seed Round Funding

Edept, an edtech startup focused on higher education has raised $1 million in seed funding led by Enzia Ventures and Equanimity Investments.

The round also saw participation from Bhavin Pandya (Founder of games24x7), edtech leader Arjun Mohan, and Canada-based Loyal VC. 

Funding Utilisation

The company plans to use the funds for expansion, scaling operations, growing its team, and improving its tech platform.

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Rajesh Sehgal, Managing Partner of Equanimity Investments, said, "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."

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.”

About Edept

The Bengaluru based Edept was founded in 2023 by Devendra Nagle (IIM Bangalore), Gaurv Bhatia (INSEAD) and Puneet Saxena (IIM Lucknow), it helps universities and institutions create modern courses that are designed to meet global job market needs. The startup focuses on improving employability by bridging the gap between education and industry, providing graduates with the skills they need for global success.

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Edept focuses on closing skill gaps in high-demand careers by offering industry-led programs. Its focus on both local and international programs ensures students are ready for careers and equipped to succeed globally. In its first year, the startup partnered with seven institutions and industry partners, educating over 450 students.

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