Edtech startup Masai School

Edtech startup Masai School acquires Design Shift Academy

Bengaluru-based Masai School said it was a cash and stock deal, but did not disclose details of the financial term.

Design Shift Academy

Education startup Masai School, which offers online courses in web and mobile app development, said on Wednesday it acquired Design Shift Academy, an institute that provides guidance on user interface and user experience design.
Bengaluru-based Masai School said it was a cash and stock deal, but did not disclose details of the financial terms.
“We are not disclosing it at the moment. It has a few milestones linked to it,” cofounder Prateek Shuka told ET.

Comprehensive learning programmes

“The acquisition will help strengthen Masai School’s existing curriculum by introducing comprehensive learning programmes on UI & UX design, and product management, taking the company from a coding-centric to a career-focused learning platform,” it said in a press statement.

Design Shift will continue to operate under its own umbrella after the acquisition, according to the statement.

Masai School is aiming to make design education a “multidisciplinary aspect through this a cquisition”, Shukla said.
Low cost website Designing
“Most design aspirants did not possess industry-relevant skills, posing a challenge for companies to find the right talent. Our aim was to enable aspirants with the right skill set, and focus on the actual science of design and the role of human intervention,” Design Shift Academy cofounder Sudhir Mor said.

Ankur Pahwa, partner and national leader – consumer internet at EY, said this was the right move for Masai School.

“It’s helpful for them to differentiate themselves from the others who are focused solely on coding. It’s creating a stronger ethos for the person who’s learning coding. It builds a good integrated package and improves employability as well,” Pahwa said.

The company has raised around $8 million so far from investors including Omidyar Network India, Unitus Ventures and India Quotient.

Masai School is valued at around $25 million, Shukla said. “We are on track to do close to $1 million MRR (monthly recurring revenue) in the next six to eight months. Currently we are on track to do close to $200,000 from a monthly revenue perspective,” he said.

 

Chalgenius is not just a media site. It creates more business opportunities for you by connecting you with thousands of potential customers, investors, accelerators and mentors across the country. Come grow your business with us. Contact us at 8910430165 or mail at chalgeniusss@gmail.com for further details.
You also want to feature your start-ups here. No Worries. Call or whatsapp at 8910430165. Please click to know more about us

 


Please subscribe our YouTube channel and like our Facebook page to know more about such inspiring startups.

Get more stuff like this

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Leave a Comment

Your email address will not be published.

Translate »

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.