Beep, an edtech startup based in Pune, has been able to raise $850K (approximately ₹7 crore) in a Pre-Series A round of funding. The new capital injection makes the company have a total investment of $1.5 million. This is a major milestone in its quest to democratize career opportunities among students in the country of India.

The round also included a wide range of investors, including Knowhere Ventures LLC, Pacific Global Solutions Limited, and LeadAngels FLV, as well as individual investors such as Vipul Prakash (Founder of wowJobs) and Sandeep Johri (CEO of Checkmarx).

Primary objective and fresh capital

Beep was founded by Saurabh Mangrulkar in 2021 as a safe community of students during the second wave of the COVID-19 pandemic. Since its founding, the platform has been developed into an all-encompassing career ecosystem to bridge the academic learning and professional employability gap. Beep is targeting students in Tier 2 and Tier 3 cities because the group will have equivalent access and opportunity as students in Tier 1 urban centers.

The new capital will be implemented strategically to move Beep on the growth path in the next nine months. The first goal is to grow the user base of the platform to 5 million users and increase its institutional presence by adding 150 more colleges. This growth is essential to the company’s objective of developing a career ecosystem akin to Tier 1 at scale so that ambition is matched with the reality answers, notwithstanding the geographical location of a student. Beep also has plans to invest substantially in its industry-related programs.

Impact and technological innovation

The core of the Beep expansion is the set of new product upgrades, which will improve the experience of students, recruiters, and education establishments. The site has also incorporated AI-based career solutions, which provide individual advice and mentorship. These tools are supplemented by job-ready learning programs that concentrate on the high-demand areas of design and technical credentials.

There are also specialized modules within the ecosystem, including UniBeep, which helps institutions in managing placements, and BeepHire.a,i which is an AI-driven platform that is designed to recruit fresher. These technological improvements are geared towards making recruiter and college operations efficient, which will eventually result in more transparent and efficient student outcomes. The platform has thus far already connected over 30,000 young professionals with placements, internships, and gig work opportunities.

The power of the Beep platform can be measured in terms of tremendous reach, as well as the power of partnerships. The platform has more than 6.5 million users currently and partners with over 1,500 colleges in India. The network of recruiters it has is also notable, with 7,800 recruiting firms that use the platform to find and hire new talent.

Saurabh Mangrulkar, Founder and CEO of Beep, pointed out that the investment is the fuel of the mission, empowering students with the goal and the desire, but not the system involved. Beep is establishing itself as an essential bridge in the Indian education-to-employability chain by providing more than 28 live programs in a range of tracks. The capacity of the startup to transform its ambition into achievement through peer learning and industry mentorship remains a unique factor in the competitive edtech market.

Conclusion

Beep is now an industry leader in the fields of AI-based career services, and the successful funding round of $850K strengthens its standing. The company is scaling its business by targeting the underserved Tier 2 and Tier 3 markets, but it is also performing an essential social role by leveling the playing field for the youth in India.

Beep is already on the path toward positioning career development as effortless and natural as curiosity itself, as it seeks a future that is characterized by AI integration and increased institutional partnerships.