The company will hire in tech, marketing, brand, product management and human resources departments. It also plans to induct more people into the teaching department, as it plans to ramp up the number of students it takes.
Scaler is an upskilling platform that provides industry-ready courses in coding. Its parent company is Interviewbit, and Saxena is co-founder of that too.
Scaler’s courses are taught in cohorts, to get into which aspirants have to pass an entrance test.
Saxena said that this year, the company also plans to focus on markets abroad and plans to introduce cohorts for users in the US. Saxena said they already get interest from users abroad, and these users make up single digit percentages in the present cohorts.
Saxena said that ed-tech is a “global play”, and the company could make use of cost arbitrage benefits, as users abroad would be willing to pay more, but the company could still keep costs relatively low as its operations are in India.
Other than that, the company also plans to start courses in areas other than software development.
The company claimed that professionals with less than 3 years of experience who took its courses were placed in jobs that paid an average of Rs.16.5 lakhs per annum, while those in the 3-7 years of experience range got Rs.22.5 lakhs per annum on average.
For those above eight years of experience, the average salary package was Rs.39.5 lakhs per annum. The company also said that the highest package so far has been Rs.1.5 crore.
Scaler, which completes two years of operations this month, initially functioned in an income-sharing model, where learners would pay back the fee of the course after they landed a job. However, Saxena said they decided to shift to a pay-per-course model as this brought down costs for learners, and easy financing options were anyway now available.