INSUBCONTINENT EXCLUSIVE:
InterviewBit, a Bangalore-based startup that runs an advanced online computer science program for college graduates and young professional
The startup said it is also rebranding its online coding program, earlier called InterviewBit Academy, to Scaler Academy
Two people familiar with the matter told A Technology News Room that the financing round valued InterviewBit between $100 million and $110
million.InterviewBit pivoted nine months ago to operate on an income-sharing model, where students have the option to pay much of the
coaching fee after they have landed a job
The concept, also known as human capital contract, has been around for decades, but is beginning to see some traction now.The startup said
more than 2,000 students have enrolled in its six-month program to date, where it runs live-streamed sessions to coach aspiring software
recent study by Aspiring Minds found that the employability of Indian engineers continues to be as low as 20%
more than 200,000 applications to join these classes
enrolled in Scaler Academy are mentored and taught by tech leaders and subject matter experts working with organizations including Google,
Facebook, Twitter and Netflix
new fund to scale up its enrollment and launch in new markets
