# Masai School

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/masai-school

- Industry: Education/Training
- Headquarters: Bangalore, India
- Website: www.masaischool.com
- Total disclosed funding: $12M
- Latest round: Series B (Oct 22, 2022)
- Investors on record: 8

## About

Based in Bangalore, India, and founded in 2019 by Prateek Shukla, Yogesh Bhat and Nrupul Dev, Nolan Edutech Private Limited, d.b.a. Masai School, provides education and training in computer coding. In March 2021, Nolan Edutech Pvt. Ltd. raised USD 5 million in a Series A funding led by Omidyar Network, with participation from AngelList India, India Quotient, and Unitus Ventures. The company has raised a total of USD 7.71 million in funding. Prateek Shukla is the CEO of Nolan Edutech Pvt. Ltd.

Nolan Edutech Pvt. Ltd. provides courses, such as full-stack development and backend development. The company offers Income Share Agreement (ISA), which allows students to attain education with no upfront cost, debt, loans, or interest. As per the company’s ISA’s guideline, the student pays some percentage of monthly earnings after getting a job of a minimum of INR 500,000 annually for 36 months. In addition, the company also provides Masai 101 where multiple certification courses, such as app development and web development are available.  

Nolan Edutech Pvt. Ltd. generates revenue from charging 15% of monthly income for 36 months after getting a job or after one year of completing the course at Masai school. In addition, the company generates revenue by providing Test Basics of Web development courses at USD 10. 

Nolan Edutech Pvt. Ltd. will use its proceeds from March 2021 funding to strengthen existing offerings, hire teaching practitioners and industry experts, and launch new programs in the user interface (UI) and user experience (UX) designing, product management (PM) and data analytics.

## Funding rounds

- Series B, Oct 22, 2022, $4.7M — India Quotient, Omidyar Network, Capria Ventures
- Series A, Oct 26, 2021 — Pine Labs Private Limited, Omidyar Network, Delhivery Limited, NoBroker Technologies Solutions Private Limited, ShareChat
- Series A, Mar 25, 2021, $4.8M — India Quotient, Omidyar Network, Capria Ventures, AngelList India
- Seed, Aug 18, 2020, $2.5M — India Quotient, Capria Ventures, AngelList India
- Seed, May 9, 2019, $0.2M — India Quotient

## Investors

- India Quotient (https://capitalatlas.ai/funds/india-quotient) — Seed, Series A, Series B
- Capria Ventures (https://capitalatlas.ai/funds/capria-ventures) — Seed, Series A, Series B
- AngelList India — Seed, Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A, Series B
- Pine Labs Private Limited — Series A
- Delhivery Limited — Series A
- NoBroker Technologies Solutions Private Limited — Series A
- ShareChat — Series A