Scaler ramps up hiring; plans to hire over 600 employees by December 2022

Written by: Simran Thakur
3 Min Read

Scaler (by InterviewBit), one of India’s fastest-growing tech upskilling startups, today announced that it is planning to ramp up hiring by onboarding over 600 professionals by December 2022 to meet the growing demand for skilled tech talent in the industry. The hiring spree will be witnessed across the Sales, Careers (B2B Enterprise team), Instructors and Operations teams. With Scaler adding over 2500 learners monthly and having a strength of 1800+ employees, Scaler is eyeing to expand its workforce by 35% to keep up with the organisation’s growing needs.

As of July 2022, the company clocked in an annualised run rate (ARR) of $100 Million and aims to reach an ARR of $1 billion by December 2023. To further strengthen their foothold and redefine the tech education landscape, Scaler recently launched the Scaler NeoVarsity, an online university offering a Master’s Program accredited with ECTS. Scaler is also one of the first edtech players to establish co-living spaces, ‘Scalerverse’ – distributed campuses to add to its NeoVarsity vision for learners, teachers and mentors, encouraging holistic learning and development.

“Our hiring plans are a result of the rapid growth we have witnessed over the last three years. With our recent expansion to the US, we are eyeing a $17 million MRR (monthly run rate) in December 2022 with an ARR (annualised run rate) of $200 million. Since 2019, we have onboarded and helped over 25,000 learners cumulatively with industry-vetted curriculum and mentors. As per NASSCOM’s report, India could face a 14-19 lakh techies shortage by 2026 alone. To curb this shortage, we are strengthening our support and teams to meet this growing need for skilled tech talent and continue the trajectory of ‘Impact-driven’ upskilling”, said Abhimanyu Saxena, Co-Founder of Scaler and Interviewbit

Standing with the current valuation of $710 Million, Scaler is witnessing a month-on-month growth of 15% and is currently positive for both cash flow and EBITDA. Since its inception, Scaler has raised total funding of $76.5 Million and has embarked fund of $50 Million for acquisitions till March 2023.

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Simran leads the public relations efforts at Scaler, Scaler School of Technology, and InterviewBit. One of the first people to join the marketing team, she has been instrumental in helping the young tech education brand establish itself as a strong contender in the competitive industry, with media/press in India and the USA as a vital tool in the arsenal. With 12 years of experience in media relations, corporate communications, events, crisis handling, and stakeholder + vendor management, Simran has had the privilege of working with diverse organisations, including Triumph Motorcycles India, Samsung India, Tanishq, Ola, Byjus, Lendingkart, and PhonePe in the past. She completed her MBA from Symbiosis Institute of Media & Communication, Symbiosis International University, and holds a Bachelor's degree in Commerce (Hons) from Maitreyi College, Delhi University.
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