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Jigsaw Academy raises $3M from Manipal Global Education services


Jigsaw Academy, a portal for data analytics courses, has raised $3 million in a series A round of funding from Manipal Global Education Services (MaGE), reports Vccircle. TV Mohandas Pai, the Chairman at MaGE, also invested in his personal capacity, and will join the startup’s board. The Bangalore-based startup will use the funds to expand its product offerings and reach new markets.

Founded in 2011 by Gaurav Vohra and Sarita Digumarti in 2011, the platform offers courses in data analytics and big data for students and professionals. This includes courses like analytics in retail, finance, fraud, data science, HR, web etc., and various combo courses which build up to a particular skill. It also offers courses in retail, ecommerce and supply chain.

As of now, its basic courses for beginners costs Rs 7,000 for a self-paced 5 hour long course, going up to Rs 18,000 for courses like retail analytics that consist of 60 hours of lessons. Jigsaw also offers courses for corporates, where it claims clients like Accenture, Wipro, Indiatimes, HSBC, Dell, Citibank etc. It also claims to have trained around 40,000 students from 30 countries in the past five years.

Developments in online education:

– Yesterday, Careers360, an online career counselor and education services firm, acquired the Mumbai-based college enrollment platform NoPaperForms, while online exam preparation service MockBank acqui-hired Litoro, a Vijaywada based web and mobile services company.

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– Earlier this month, Gurgaon-based CollegeDekho, an online platform which lists college across streams in the country and offers test preparation material, raised seed funding worth $1 million from GirnarSoft, the parent company of CarDekho.

– In October, Schoolguru, an e-learning company which lets universities launch, run and manage online programs through its platform, raised a little over $3 million.

– In September, Meritnation crossed 1 crore users. In June, it had raised funding worth Rs 25 crore from InfoEdge.

– In September, OnlineTyari raised $750,000 in funding various investors.

– In June, e-learning marketplace EduKart raised $1 million from Holostik Group’s United Finsec (family office arm), YouWeCan and 500 Startups.

– In May, Plancess raised $2 million in funding from Aarti Group’s promoters Rajendra Gogri and Chandrakant Gogri.

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– In the same month, Mumbai-based online test preparation service Toppr raised $10 million. It bought JEE prep test-taking platform EasyPrep for an undisclosed sum.


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