Beyond Odds Technologies, parent of the skill-based training and higher-education platform Emversity, has announced the close of a $5 million pre-Series A round, which was led by Z47 and Lightspeed, with participation from Alteria Capital and Innoven Capital. Since its seed round last year, the company has scaled to 36 campuses across 18 states, and says it is on track to end the current financial year with over 75 campuses.
By Ritu Singh April 28, 2025, 11: 45: 36 PM IST (Published)
Skill-based training provider Emversity is embarking on an ambitious expansion drive, aiming to more than double its presence across India within the current financial year.
Fuelled by a recently secured $5 million in pre-Series A funding, the company plans to grow from its current 36 campuses to over 75, according to Founder and CEO Vivek Sinha. The funding round was led by Z47 and Lightspeed, with participation from Alteria Capital and Innoven Capital.
Speaking to CNBC-TV18, Sinha highlighted a significant challenge Emversity seeks to address: India’s paradoxical situation of having high graduate unemployment alongside a severe shortage of skilled workers in critical sectors like healthcare and infrastructure. Emversity focuses on bridging this gap by providing industry-aligned, skill-based higher education programs designed to make graduates immediately employable. The company tackles the skilled workforce shortage by creating talent pipelines for industries facing labour crunches, starting initially with healthcare, a sector experiencing rapid growth but struggling to find enough trained nurses and technicians.
Explaining the company’s approach, Sinha detailed a unique business model centred on the talent supply. Emversity charges students a fee, typically between ₹5-6 lakhs, for its long-term, two-to-three-year programs, promising direct pathways to employment upon completion. Unlike recruitment agencies, Emversity does not charge employers for accessing this trained talent pool. This focus on nurturing the supply side, Sinha believes, is key to dominating the skill development market.
With the fresh capital infusion, Emversity is also looking beyond its initial focus on healthcare and hospitality. Plans are underway to launch programs catering to three additional sectors within the next 18 to 24 months, further broadening its impact on India’s workforce development.
A core component of Emversity’s strategy involves leveraging technology, particularly virtual reality (VR), to enhance training effectiveness. “Imagine when a nurse treats a patient in a hospital scenario. The first time she performs a