Oneistox, an upskilling startup, has raised $1.2 million in seed funding from Y Combinator, Powerhouse Ventures, Soma Capital, Amit Ranjan, co-founder of SlideShare, and Deepak Menon, VP at Microsoft. The startup aims to revolutionize the architecture, engineering, and construction (AEC) industry by imparting skills to employees. Oneistox offers a range of courses and upskilling, tailor-made programs for AEC professionals to help them build industry-relevant new-age skills and stay ahead of the curve. The startup targets working professionals in the AEC industry with digital skills to help them maximize their potential. The AEC industry makes up 12% of the world’s GDP, but it is one of the least digitized industries. It’s interesting to see that despite the challenges faced by the Indian edtech market, upskilling platforms for businesses are still attracting investor interest. The rise in funding for upskilling startups from $61.3 Mn in 2021 to $165 Mn in 2022, an increase of 62% YoY, is a testament to the potential of this segment. As businesses continue to navigate through digital transformation, the need for reskilling and upskilling employees is becoming more critical, and startups like Oneistox are well-positioned to tap into this demand.
Coursera, Udemy, EdX, SkillShare, etc are some other startups offering skill development services and courses in India.
Yes, these are some of the popular edtech platforms offering online courses and skill development services in India. Coursera, Udemy, EdX, and Skillshare are global platforms that offer a wide range of courses from various domains, including tech, business, arts, and more. While upGrad, Cusmat, and Masai School are Indian edtech startups that specialize in providing online courses and skill development programs for professionals and job seekers.