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EdTech startup Springboard raises USD 31 million
New Delhi: Online education startup Springboard, which offers courses, employability tools and career services for professionals, has raised $31 million in Series B funding, led by new investor Telstra Ventures.
Vulcan Capital and SJF Ventures also participated along with existing investors Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation (IFC), 500 Startups, Blue Fog Capital and Learn Capital.
The latest round of capital will be used to double down on student employability in response to the current job market in India and globally, by creating new hiring-focused products and strengthening employer partnerships to help graduates in the post-pandemic economy, Sringboard said.