Edtech startup Emversity has raised $30 million (₹271 Cr) in a Series A funding round led by Premji Invest. The round also saw participation from marquee investors Lightspeed and Z47 (formerly Matrix Partners India).
Founded in 2023 by former Unacademy COO Vivek Sinha, Emversity is tackling India's employability crisis head-on. Rather than just offering online courses, it integrates industry-required skills directly into university degree programs.
FounderStory Intelligence
The "Job-Ready" Curriculum
Emversity's model is distinct. Instead of selling courses directly to students, it partners with employers to identify skill gaps. It then co-develops qualification modules with industry experts and embeds these into the curricula of partner universities.
The result? Students graduate with a degree and job-ready skills, drastically reducing the training burden on companies.
Expanding Beyond Services
While the startup initially focused on Healthcare and Hospitality (sectors with high attrition and high demand), the fresh capital will fund an expansion into "hard skills" sectors. Emversity is now targeting Infrastructure-led Engineering (EPC) and Manufacturing, aligning with India's broader push towards industrial growth.
"The startup plans to deploy the fresh capital to deepen its presence in healthcare... while also expanding into new sectors such as infrastructure-led engineering."
FounderStory Takeaway
The edtech wave of 2021 was about "Access" (getting content online). The wave of 2026 is about "Outcome" (getting jobs). Emversity sits perfectly at this intersection. By solving the supply-side problem for employers in high-growth sectors like manufacturing, they aren't just selling education; they are selling a workforce pipeline.