Skill Lync

Skill Lync

An e-learning company focused on providing mechanical engineering courses.

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$17.5m

Series A
Total Funding000k
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Skill-Lync, established in 2015 by Sarangarajan V Iyengar and Suryanarayanan Paneerselvam, operates within the online education sector, specifically targeting engineering students and graduates. The founders, both holding master's degrees in mechanical engineering from the University of Wisconsin-Madison, initially conceived the platform as a YouTube channel to share their knowledge with fellow engineers in India. Their direct experience with the skills gap between academic engineering curricula and industry requirements served as the primary catalyst for creating the company.

The firm provides advanced engineering courses designed to equip learners with practical, job-ready skills. Its curriculum is developed in collaboration with industry experts to ensure relevance and alignment with current technological demands. Skill-Lync's core offering consists of in-depth, project-based courses in high-demand engineering fields such as mechanical, electrical, electronics, and computer science, with a particular focus on electric vehicles, autonomous driving, and embedded systems. The platform caters to a global audience, including individual students seeking to upskill and corporate clients looking to train their workforce.

The business model is centered on a direct-to-consumer approach, where students pay for individual courses or bundled programs. A key differentiator is the provision of one-on-one support, live sessions, and hands-on project work, which contrasts with the more passive learning experience offered by many MOOCs. This intensive support structure is designed to facilitate deeper learning and better career outcomes for its users. The company has secured significant venture capital funding, including a $17.5 million Series A round led by Iron Pillar, to expand its course offerings, enhance its platform, and increase its enterprise partnerships.

Keywords: edtech, engineering education, upskilling, mechanical engineering, electric vehicles, embedded systems, online courses, workforce training, skill development, e-learning

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ACQUISITION by Skill Lync Nov 2022