Beyond Odds Technologies, parent of the skill-based training and higher-education platform Emversity has raised $5 million in a pre-Series A funding round led by Z47 and Lightspeed. The round also participation from Alteria Capital and Innoven Capital.
The fresh funds raised will be used to scale operations to 75+ campuses by the end of the financial year and expand its reach.
In April 2024, Emversity raised $11 million in its seed funding round led by Z47 and Lightspeed with participation from InnoVen Capital India and Alteria Capital.
Vivek Sinha, Founder, Emversity, said, “Millions of roles in healthcare, hospitality and construction lie vacant, while one-third of graduates remain unemployed. Our employer-sponsored stipend model solves accessibility; industry co-designed curriculum ensure relevance; and our Centres of Excellence expand capacity. On growth ambitions. 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.”
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. Chandrasekhar, said, “Rajat and I are privileged to partner with Vivek & the team at Emversity as they take on this hard, but critical problem facing the country. From the first meeting, Vivek’s insight on fixing the education-employment gap through a job-relevant pedagogy stood out. In under a year, he’s taken Emversity from this insight to national scale, with real outcomes and smart unit economics. At Z47 we are thrilled to go deeper on this journey with Vivek as Emversity scales in size and impact.”
Founded in 2023 by Vivek Sinha, Beyond Odds Technologies is an employability-led education company. Emversity’s skill-based training and recruitment platform integrates academic learning with real-world work experience, aimed at preparing students for high-demand roles in healthcare, travel & hospitality, education, and construction.
Emversity bridges the skilled-workforce gap in nation-building industries by embedding work-integrated, technology-driven training into degree programs at Higher Education Institutions.
Under the ‘Emversity School of Allied Health Sciences’, students train for roles such as nurses, therapists, caregivers, OT technicians, lab technicians, paramedics and other allied health professionals. The newly launched ‘Emversity School of Hospitality’ has partnered with two of the world’s largest hotel chains to offer skill-based training in rooms, F&B service, and culinary at nine campuses starting this year.
The company has also launched Travel & Hospitality keeping in line with its mission of solving skill gaps across multiple critical industries.
The company now operates across 36 campuses in 18 states.
