India's Emversity doubles valuation as it scales workers AI can't replace | TechCrunch
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India's Emversity doubles valuation as it scales workers AI can't replace | TechCrunch
"As AI automates parts of the workforce, Emversity, an Indian industry-skilling startup, is scaling talent pipelines for roles it sees AI can't replace, and has raised $30 million in a new round to expand job-ready training in the world's most populous market. The all-equity Series A round was led by Premji Invest, with participation from Lightspeed Venture Partners and Z47, the Bengaluru-based startup announced on Thursday."
"The funding values Emversity at around $120 million post-money, sources confirmed to TechCrunch, up from about $60 million in its April 2025 pre-Series A round. Total funding now stands at $46 million. India has been grappling with a widening employability mismatch, with graduates often entering the workforce without job-ready skills even as key service sectors struggle to hire trained staff."
"Emversity is trying to bridge that mismatch by embedding employer-designed training modules into university programs and running skill centers affiliated with the Indian government's National Skill Development Corporation for short-term certifications and placements. The two-year-old startup has partnered with 23 universities and colleges across over 40 campuses and focuses on "grey-collar" roles that require hands-on training and credentialing, including nurses, physiotherapists, and medical lab technicians, as well as hospitality roles such as guest relations and food and beverage service. Emversity has trained about 4,500 learners so far and placed 800 candidates to date, founder and CEO Vivek Sinha (pictured above) said in an interview."
Emversity is an Indian industry-skilling startup that raised $30 million in an all-equity Series A led by Premji Invest, valuing the company at about $120 million post-money and bringing total funding to $46 million. The company embeds employer-designed training modules into university programs and operates skill centers affiliated with the National Skill Development Corporation for short-term certifications and placements. Emversity targets "grey-collar" roles requiring hands-on training and credentialing, including nurses, physiotherapists, medical lab technicians, and hospitality positions. The startup has partnered with 23 universities across more than 40 campuses, trained about 4,500 learners, and placed 800 candidates.
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