InterviewBit company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

interviewbit.com

Founded Year

2015

Stage

Series B | Alive

Total Raised

$76.5M

Valuation

$0000 

Last Raised

$55M | 4 mos ago

About InterviewBit

InterviewBit Academy is a computer science training and development platform in India.

InterviewBit Headquarter Location

9th Street, Sakti Statesman, Green Glen Layout, Bellandur

Bangalore, 560103,

India

+91 99237 04608

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing InterviewBit

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned InterviewBit in 2 CB Insights research briefs, most recently on Nov 5, 2020.

Expert Collections containing InterviewBit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

InterviewBit is included in 1 Expert Collection, including Education Technology (Edtech).

E

Education Technology (Edtech)

2,464 items

Latest InterviewBit News

Scalar Academy’s US Foray Now Clocking $1 Mn Monthly In 3 Months

Apr 24, 2022

It claims to have close to 4,000 graduates on the platform Scaler Academy programmes are largely priced at INR 2.5 Lakh in India and $10,000 in the US market Being valued at around $10 Bn by 2025, undoubtedly, India’s edtech sector has been on a roll for the past few years. As homegrown edtech startups are raising investments from VC firms, they are also ambitious about their international expansion plans, especially in the US market. The case in point is Scaler Academy. The edtech startup raising $55 Mn at a $710 Mn valuation in February this year, speaks volumes. Scaler expanded to the US market about three months ago. Within this short span, it reached $1 Mn monthly revenue in the market, on the back of its strong distribution and its other entity InterviewBit, claims Anshuman Singh, cofounder, Scaler and InterviewBit. While speaking at The Makers Summit, Singh said, in the education business, building trust or a strong brand image is an important factor. Scaler Academy puts a high effort into trust-building through different avenues such as success stories and free masterclasses. “To be able to price higher, you need to crack the trust game,” Singh said. It is to be noted that Scaler Academy programmes are largely priced at INR 2.5 Lakh in India and $10,000 in the US market. According to Singh, if an edtech startup is able to build trust among its users, it helps in gaining customer acquisitions at a lower cost. Currently, peer-to-peer referrals account for 30% of Scaler Academy’s enrolment, Singh said. And as per him, Scaler wants to focus on increasing the referrals share going forward. Besides, according to Singh, distribution becomes a key aspect for scaling any edtech business. “If you are spending on creating distribution for your startup, you will bring down customer acquisition cost (CAC) significantly,” he said. For initial one to 1.5 years, Scaler Academy maintained zero customer acquisition cost as it was able to acquire all of its users from InterviewBit, Singh claimed. Launched in 2019, Scaler is a part of InterviewBit that was founded by Anshuman Singh and Abhimanyu Saxena in 2014. As it aims to scale high-quality technical education, it currently works in upskilling programmes in two sectors – software engineering and data science. “Even before the pandemic started, Jio’s launch in India led to the democratisation of internet access to even masses. Simultaneously, there was also the creation of all of these sectors that led to large rising demand for engineers and in fact talents in every sector. Given the fact that 98% of engineering graduates are unemployable, finding a good resource became a pain point due to the dearth of talent,” Singh said. Scaler Academy tried to tap into that opportunity to bridge the talent gap. The startup which has now been operational for close to three years, claims to have close to 4,000 graduates on the platform. Scaler is growing at a 10-15% month-on-month rate, Singh said. However, he also acknowledged the role of ‘Top Down’ branding that is driven through large campaigns, and celebrities as another source to build trust. Considerably, the startup launched its first brand marketing campaign #CreateImpact , in February, with a marketing budget of INR 100 Cr for CY22. According to Inc42 analysis, Indian edtech startups raised a total of $4.7 Bn in funding across 165 deals in 2021. The average ticket sizes of investments were $1.7 Mn, $9.3 Mn and $106 Mn respectively for seed, growth and late-stage funding round respectively. Delhi-NCR emerged as the top hub for edtech startups.

InterviewBit Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

InterviewBit Rank

  • When was InterviewBit founded?

    InterviewBit was founded in 2015.

  • Where is InterviewBit's headquarters?

    InterviewBit's headquarters is located at 9th Street, Sakti Statesman, Green Glen Layout, Bellandur, Bangalore.

  • What is InterviewBit's latest funding round?

    InterviewBit's latest funding round is Series B.

  • How much did InterviewBit raise?

    InterviewBit raised a total of $76.5M.

  • Who are the investors of InterviewBit?

    Investors of InterviewBit include Tiger Global Management, Sequoia Capital India, Lightrock, Global Founders Capital and Surge.

  • Who are InterviewBit's competitors?

    Competitors of InterviewBit include Andela and 4 more.

You May Also Like

Andela Logo
Andela

Andela provides companies with access to global tech talent. The company identifies high-potential developers on the African continent, conducts courses to allow them to grow their skills, and pairs them with companies as full-time, distributed team members.

Microverse Logo
Microverse

Microverse is a global school for remote software developers where students learn through remote pair programming and don't pay anything until they get a job.

Resilient Coders Logo
Resilient Coders

Resilient Coders is a volunteer-based program focused on making web technology more available to urban youth who might not otherwise be exposed to it. It's a three-part program that funnels students from learning HTML after school, through our downtown "Coworking" sessions, and ultimately, hourly employment.

SVAcademy Logo
SVAcademy

SVAcademy is a vocational program that gives a diversity of people access to Silicon Valley sales and business development careers.

Lambda School Logo
Lambda School

Lambda School is a combination of a school and an investment fund. Its mission is to find untapped or underutilized talent, and train that talent for the most in-demand jobs in the world. Attending Lambda School is completely free up-frong, and students pay back a portion of their income after they find a high-paying job.

H
Henry

Henry provides access to software development education through a $0 initial cost model. The company is based in Buenos Aires, Argentina, and was founded in 2020.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.