Edtech Scaler Academy raises $55 mn, valuation hits $700 mn

Edtech startup Scaler Academy has raised $55 million led by Lightrock, after which its valuation stands over $700 million. Existing investors Sequoia India and Tiger Global Management also participated in the funding. The funding has taken Scaler's all-time raise to $76.5 million. Founded in 2019, Scaler Academy is a startup focused on upskilling college students and tech professionals.