NxtWave, an educational technology platform, has announced that over 1,300 organizations have employed its graduates in the last two years.
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NxtWave students have been employed by companies ranging from fast-growing startups to Fortune 500 behemoths such as Accenture, Bank of America, Oracle, Cognizant, and Goldman Sachs, according to a press release from the firm.
According to NxtWave, a software jobs portal, the students were employed in various employment areas ranging from Software Developer to Full Stack Developer to Data Engineer and Data Analyst. Furthermore, NxtWave stated that it assists students, including those from non-computer science and non-engineering backgrounds such as BSc, B.Com, BBA, and others, in transitioning into IT careers.
The education platform said it equips students with in-demand IT skills and is developing a workforce to support India’s digital transformation.
Concerning the Indian startup ecosystem, the ed-tech platform stated it is on track to create the largest pool of placement opportunities for software job seekers by onboarding 10,000+ companies over the next five years.
“India’s IT industry is set to grow three times this decade, stated Rahul Attuluri, CEO of NxtWave. Through industry-aligned training, we have focused on preparing the youth for this massive opportunity. Many businesses have recognized the value that our students bring to the table. This achievement demonstrates that we are on the right track in solving the talent gap in the ICT sector.”
“NxtWave graduates come with a strong foundation in technical skills,” Shilpa Chowdry, HR Director of People Link Unified Communications, said of employing NxtWave students. We have employed numerous NxtWave students who are performing incredibly well. They have a relatively quick learning curve. They are quickly integrated into the organization’s initiatives.”
NxtWave raised $33 million earlier this year, sponsored by Greater Pacific Capital (GPC). Orios Venture Partners, an existing venture investor in the job platform, also participated in the investment.
Sashank Reddy Gujjula, Anupam Pedarla, and Rahul Attuluri are alumni of IIT Bombay, IIT Kharagpur, and IIIT Hyderabad.
For college students, graduates, and early professionals, it provides vernacular, asynchronous, and online training courses in Industry 4.0 Tech career streams.