AlmaBetter Allocates INR 50 Crore Fund To Launch AlmaBetter Innovarsity The Innovarsity will equip 5,000 learners with a globally recognized master's degree in computer science, by April 2024, the company said in a press release

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Kalaari Capital-backed edtech institute AlmaBetter allocates funds of INR 50 crore with the launch of AlmaBetter Innovarsity, an innovative autonomous institute that offers niche technical education in Data Science and AI, and Software Development fields. AlmaBetter Innovarsity has affiliated with Woolf, USA, a global collegiate higher education institution with the same accreditation as other EU universities.

The Innovarsity will equip 5,000 learners with a globally recognized master's degree in Computer Science, by April 2024, the company said in a press release. It added, a portion of the fund will also go towards scholarships based on merit, financial aid, and improving students' overall learning experience.

On program completion, learners will be credited with 90 ECTS credits, making AlmaBetter's master's degree in Computer Science equivalent to an MS from any US or EU institution, the company claimed.

AlmaBetter is an AI-driven tech upskilling institute to build modern-day technology careers. Incepted in 2020 by 5 IIT-educated founders, the company challenges the traditional way of education by focussing on outcome-based learning powered by AI, called "Competency-based Learning".

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

News and Trends

Reveal HealthTech Raises USD 7.2 Mn to Expand AI-Driven Healthcare Solutions

The fresh funding will be channelled towards scaling its flagship products, BioCanvas and Prism AI.

Thought Leaders

I Didn't Just Monetize My Hobby. I Scaled It Into a Startup That Empowers Writers Worldwide — Here's How.

Making money from your passion sounds like a dream. However, most entrepreneurs think rationally and prefer 'promising' ideas instead of following their hobbies. Nevertheless, I took a chance.