Times Internet Invests In Coursera’s $49.5 Mn Series C Round; Partners To Bring Job-Relevant Learning Opportunities For Indian Students

Times Internet Invests In Coursera’s $49.5 Mn Series C Round; Partners To Bring Job-Relevant Learning Opportunities For Indian Students

Coursera has raised a $49.5 Mn Series C funding round led by Times Internet, New Enterprise Associates, Kleiner Perkins Caufield & Byers, & International Finance Corporation. The startup plans to bring in an additional $10.5 Mn to this round.

With this new round, the company plans to expand in Latin America, China, and India.

Times Internet, the digital arm of The Times Of India group, has also announced a strategic partnership with Coursera. Under the partnership, Times will use its cross platform promotion and growth capabilities to help Indian students and professionals find Coursera and earn certificates from top universities in India and around the world. Times will also be looking for a growth in India while bringing job-relevant learning opportunities.

Currently, Coursera has about one million registered learners in the country.

Besides, Coursera is planning to partner with leading Indian universities and corporations to localize content and provide accessible credentials in the globally competitive fields of business and technology. It is already in partnerships with top US universities like Yale University, University of Pennsylvania and Duke University.

Satyan Gajwani, CEO of Times Internet said, “Coursera is the gold standard for the emerging wave of education technology companies. We are excited to bring Times Internet’s growth capabilities behind such a strong product, and bring high quality, affordable digital education to millions of Indians.”


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Vishal Singh

Inc42 Staff
For Vishal Singh, football is oxygen, traveling is living, night is day, online gaming is serious sport and superheroes are real. Yes, real. And like the call sign of any superhero, one can always find him enrapt to his laptop screen. His passion lies in writing pieces that would get the brain engines of readers churning and aspires to one day be known by his opus.
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