# Crio.Do

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crio-do

- Industry: Education/Training
- Headquarters: Bangalore, India
- Website: www.crio.do
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 17, 2020)
- Investors on record: 1

## About

Crio.Do is a project-based learning platform that empowers developers by providing hands-on training in Fullstack, Backend, and Automation technologies through immersive educational programs designed to simulate real-world work environments.Founded in 2018, Crio.Do is headquartered in Bangalore, India, and focuses on project-based learning for developers. The company was co-founded by Rathinamurthy R and Sridher Jeyachandran. Crio.Do was acquired by Skill-Lync, a portfolio company of Better Capital, Iron Pillar, and Y Combinator, in November 2022. The company has secured a total funding of INR 80.00 mn in its Seed round led by Xeed Ventures, and currently holds a valuation of INR 589.67 mn.Crio.Do operates as a project-based learning platform tailored for developers, focusing on equipping them with the essential skills to excel in Fullstack, Backend, and Automation technologies. The core offerings of the company include immersive programs that emphasize hands-on experience through the completion of professional-grade projects in real-world scenarios. These educational programs are designed to simulate the work environment of leading tech firms, enabling users to build a portfolio that showcases their capabilities to prospective employers. Crio caters primarily to aspiring developers and tech professionals in India, aiming to bridge the skill gap in the tech industry by partnering with notable companies such as Amazon, Flipkart, and Netflix, among others. The platform has also expanded its reach internationally, supporting learners in various geographical markets who seek to enhance their technical proficiency and career prospects.In the most recent fiscal year 2023, Crio.Do generated revenue of INR 2,907,638.10 and reported an EBITDA of INR -3,390,620.50. The company generates revenue through structured educational programs that involve enrollment fees for their various offerings, which include fellowship programs in Software Development, QA Automation, and Data Analytics. Clients typically engage with Crio through direct subscriptions to these programs, which provide access to a curriculum designed to enhance practical skills and facilitate job placements in the tech sector. The pricing structure combines mentorship, project-based learning, and career services, which may include interview preparation and portfolio development. Crio's model benefits from collaborations with over 1,000 hiring partners who value the practical experience that Crio's graduates bring to the tech workforce.Crio.Do plans to utilize the INR 80.00 mn from its latest funding round to expand its offerings and enhance its educational programs. The company is focused on developing new products aimed at further enriching the learning experience for its users. Additionally, Crio.Do aims to enter new markets and regions, with specific plans to reach learners across various geographical markets by the end of 2024. This strategic direction follows the acquisition by Skill-Lync in November 2022, which is expected to bolster resources for growth and expansion.

## Funding rounds

- Seed, Jul 17, 2020, $1.1M — Xeed Ventures

## Investors

- Xeed Ventures (https://capitalatlas.ai/funds/xeed-ventures) — Seed