# NxtWave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nxtwave

- Industry: Education/Training
- Headquarters: Hyderabad, India
- Website: www.ccbp.in
- Total disclosed funding: $36M
- Latest round: Series A (Feb 21, 2023)
- Investors on record: 6

## About

Based in Hyderabad, India, and founded in 2020, Nxtwave Disruptive Technologies Private Limited, doing business as NxtWave, is an EdTech startup that provides vernacular training programs for 4.0 Tech Careers. The company was co-founded by Rahul Attuluri (CEO), Sashank Gujjula, and Anupam Pedarla. In April 2023, Nxtwave raised USD 8.25 million in series A funding from new investor DEG. The firm’s community portfolio includes more than 2,00,000+ students from over 35 states.

Nxtwave Disruptive Technologies Private Limited provides industry-relevant skills training courses, that bridge the gap between industry and academics, and help students and professionals secure high-paying technical jobs. The company offers Industry-Ready Certification (IRC) programs in software development and coding, under two categories, CCBP 4.0 Academy – for intermediates or students doing degree courses, and CCBP 4.0 Intensive – for graduates and professionals looking for immediate tech jobs.

Nxtwave Disruptive Technologies Private Limited generates revenue by charging training fees varying from INR 35,000 to INR 75,000.

The company intends to use the funds to scale up its workforce, accelerate product development, and expand deeper into existing markets in order to increase revenue by 5 times (5X) within December 2022.

## Funding rounds

- Series A, Feb 21, 2023, $33M — DEG, Greater Pacific Capital, Orios Venture Partners
- Seed, Dec 7, 2021, $2.8M — Better Capital, Orios Venture Partners, LogX Ventures, AL trust

## Investors

- Better Capital — Seed
- Orios Venture Partners (https://capitalatlas.ai/funds/orios-venture-partners) — Seed, Series A
- LogX Ventures — Seed
- AL trust — Seed
- DEG — Series A
- Greater Pacific Capital (https://capitalatlas.ai/funds/greater-pacific-capital) — Series A