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NxtWave
We are on a mission to bridge the gap between industry & academia by rapidly building industry-relevant skills in people
About NxtWave
NxtWave is an edtech startup that operates in the education technology market, specifically focusing on industrial training. The company, founded by alumni from the Indian Institute of Technology (IIT), aims to upskill the youth in India, preparing them for the future job market. NxtWave's business model revolves around providing high-quality, industry-relevant training to students, equipping them with the necessary skills to excel in their chosen fields.
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The company has recently attracted significant investment, raising $33 million in a Series A funding round led by Greater Pacific Capital. This follows a successful pre-Series A round where the company raised $2.8 million. The funds raised will be used to further develop their training programs and expand their reach.
NxtWave's revenue model is likely based on a fee-for-service model, where students or institutions pay for the training services provided. The recent funding indicates a strong investor confidence in the company's potential for growth and profitability.
In summary, NxtWave is an edtech startup that provides industrial training to Indian youth. It has recently raised significant funding, indicating strong growth potential in the booming edtech market.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- India
- Employees
- 6,638
- Open positions
- None listed
- Dealroom signal
- 75.1/100
- Industry
- Education
- Sub-industry
- Education Providers
- Sector
- Edtech, Online Courses, Lifelong and Consumer Learning, Steam, Upskilling and Reskilling, B2b Online Marketplace
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Apr 2023 | $8.3M | $165M | German Investment Corporation | ↗ |
| SERIES A✓Equity / VC | Feb 2023 | $33M | $132M | Greater Pacific Capital · Orios Venture Partners · Better Capital | ↗ |
Growth signals
Latest recorded traffic for NxtWave is 1.6M monthly website visits, up 6.7% over the last three months. NxtWave's team grew 8.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Orios Venture Partners
Better Capital
Series A2 investors entered at this stage
Greater Pacific Capital
German Investment Corporation
Other known investors2 additional known investors
Giridhar Malpani
Vaibhav Domkundwar
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about NxtWave on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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