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Investments

24

Portfolio Exits

3

About Amit Singhal

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Latest Amit Singhal News

Sitare partners RGPV to provide free computer engineering course to underprivileged children

Jul 15, 2022

PTI | New Delhi | Updated: 15-07-2022 18:08 IST | Created: 15-07-2022 18:08 IST Country: SHARE Sitare Foundation, founded by former Google senior executive Amit Singhal , on Friday said it has partnered with Rajiv Gandhi Proudyogiki Vishwavidyalaya to provide free computer engineering courses to underprivileged children. Singhal also announced the setting up of Sitare University with prominent IT industry leaders like former Infosys CEO Vishal Sikka and Mettle Works founder Vibhu Mittal among the founding guest faculty. Singhal in a statement said that the world is facing a severe shortage of high-quality computer scientists and India has a large population of very bright underprivileged children who do not reach their full potential due to lack of educational resources. ''We have already witnessed the potential of such students when five students from the foundation’s first batch secured multiple admissions to top Computer Science programmes at prestigious US universities this year. ''This year we will support 50 students from underprivileged backgrounds to pursue their computer engineering course in partnership with Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV),'' he said. Singhal worked at Google for around 16 years and he was the head of Google's core search ranking team when he relinquished the office in February 2016. Bhopal-based RGPV will provide access to campus to students who will be selected by Sitare Foundation. Sitare Foundation at present spends around USD 2000 from Singhla and wife's personal fund on each student every year that hail from underprivileged backgrounds for their education between class 6 to 12. ''We noted that several foundations are helping underprivileged children in their education till Class 12 but there is a gap between class 12 and their employment which we want to fill through Sitare University. I have many colleagues in silicon valley who have assured good placements of students that graduate from Sitare University,'' Singhal said. Sitare Foundation will select 50 students initially for engineering courses through RGPV but will increase the strength once it sets up campus for Sitare University. ''Education that is widely available to all, that helps all of us reach our full potential regardless of socioeconomic status, is the foundation for improving the human condition, and amplifying our humanity. ''Computer Science education is a key part of this, and it is imperative that we bring the best and brightest to building next-generation technologies . I am very pleased that Amit and the Sitare University team are starting this ground-breaking institution and look forward to advising them on this wonderful journey,'' Sikka said. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

Amit Singhal Investments

24 Investments

Amit Singhal has made 24 investments. Their latest investment was in ShoutO.app as part of their Pre-Seed on July 7, 2022.

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Amit Singhal Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/14/2022

Pre-Seed

ShoutO.app

$1.6M

Yes

2

1/27/2022

Bridge

Skyroot Aerospace

$4.5M

Yes

7

1/18/2022

Seed VC

nCORE Games

$10M

Yes

6

11/10/2021

Seed VC

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$99M

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10

10/29/2021

Series A

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$99M

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10

Date

7/14/2022

1/27/2022

1/18/2022

11/10/2021

10/29/2021

Round

Pre-Seed

Bridge

Seed VC

Seed VC

Series A

Company

ShoutO.app

Skyroot Aerospace

nCORE Games

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Amount

$1.6M

$4.5M

$10M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

7

6

10

10

Amit Singhal Portfolio Exits

3 Portfolio Exits

Amit Singhal has 3 portfolio exits. Their latest portfolio exit was Meemo on June 21, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/21/2021

Acq - Talent

$99M

2

2/8/2019

Acquired

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$99M

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10

1/30/2018

Acquired

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$99M

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10

Date

6/21/2021

2/8/2019

1/30/2018

Exit

Acq - Talent

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

2

10

10

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