Ex-Unacademy COO Starts Beyond Odds with $11M Seed Funding
Vivek Sinha, formerly the Chief Operating Officer (COO) at Unacademy, has unveiled his latest endeavor, Beyond Odds Technologies. This startup has received a substantial initial investment of $11 million, primarily led by Matrix Partners India and Lightspeed.
This announcement follows a prior report by Moneycontrol in December, which hinted at investments from notable figures like Ritesh Agarwal, the CEO of Oyo, and Gaurav Munjal, CEO and co-founder of Unacademy. Other supporters include key figures from upGrad, Livspace, Tracxn, CloudNine Hospitals, Softbank, and Steadview Capital.
Beyond Odds Technologies aims to boost employability through a technology-driven platform that identifies, trains, certifies, and places candidates across sectors such as healthcare, education, construction, and hospitality. Their flagship project, ‘Emversity,’ combines academic degrees with industry-focused skills, offering features like ‘built-in income’ and ‘work abroad integrated’ modules, along with robust placement support.
The departure of several high-level executives from Unacademy preceded Sinha’s move, indicating a period of significant transition within the company. Emversity, the educational arm of Beyond Odds, is preparing to launch its first center in Bangalore on April 20, with plans for expansion to six more cities this quarter. The startup has also formed partnerships with leading healthcare institutions to offer tailored programs meeting specific industry skill demands.