GrowthSchool Rockets to 400% Year-on-Year Growth, Targets $1 Million Monthly Run Rate by FY 2024
- ByStartupStory | January 17, 2024
GrowthSchool, the generative AI-led upskilling platform, announces a staggering 400% year-on-year growth since its inception in 2021. Boasting a peak monthly revenue of Rs 5 crores, the two-year-old platform has successfully empowered over 1 million learners and sets an ambitious target of reaching 2.5 million by 2024.
With a current team strength of 150, witnessing a 3X year-on-year growth, GrowthSchool is on a trajectory to achieve a $1 million monthly run rate by the fiscal year 2024. Impressively, the platform already generates 10% of its revenues from learners outside of India and is poised to make a formal entry into global markets, eyeing North America (NA), Southeast Asia (SEA), and the Middle East (ME) in 2024.
GrowthSchool has received significant interest from existing investors for its upcoming Series A round. The platform has expanded its offerings in the Indian market, venturing into new categories such as performance marketing, no-code, Web3, management consulting, and generative AI.
To extend its global impact and enhance opportunities for job seekers worldwide, GrowthSchool introduces the revolutionary ‘Outskill’ platform. This new platform enables users to acquire professional skills, contributing to sustainable employment. The ‘Career Superapp’ by GrowthSchool features workshops conducted by elite mentors from top brands, audiobooks summarizing bestselling non-fiction books, and comprehensive reading materials covering a diverse range of relevant topics.
Vaibhav Sisinty, founder and CEO of GrowthSchool, shared his insights on this milestone, stating, “I have been a job seeker, a top-performing corporate executive, and an entrepreneur. All these experiences have given me a great understanding of how skills should be imparted and by whom.” Sisinty emphasized GrowthSchool’s unique approach, highlighting its stringent vetting process for mentors and a commitment to making continuous learning and development more affordable than Netflix.
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