Indian skills training startup Emversity raised $30 million in Series A funding led by Premji Invest, valuing the company at $120 million. The company collaborates with universities and government skill centers to provide "gray collar" job training for industries facing long-term labor shortages, such as healthcare and hospitality services. Emversity has trained 4,500 students and successfully placed 800 candidates, focusing on roles where practical skills remain crucial despite increasing automation through artificial intelligence.
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Indian skills training startup Emversity raised $30 million in Series A funding led by Premji Invest, valuing the company at $120 million. The company collaborates with universities and government skill centers to provide "gray collar" job training for industries facing long-term labor shortages, such as healthcare and hospitality services. Emversity has trained 4,500 students and successfully placed 800 candidates, focusing on roles where practical skills remain crucial despite increasing automation through artificial intelligence.