In his new role at Scalar, Tapan Jindal will spearhead the corporate strategy and financial operations of the company
Tech upskilling start-up, Scaler appointed Tapan Jindal as the chief financial officer at InterviewBit and Scaler.
In his new role, Tapan will assume overall responsibility for the organisation's financial health and growth, the edtech major said in its statement.
Tapan will be focusing on the corporate strategy and financial operations of the company. “He will also closely collaborate with existing teams to strengthen the overall financial framework and restructure specific systems to prepare the company for its next phase of growth and achieve profitability,” the edtech added.
With close to 20 years of experience, Tapan has worked across diverse sectors within the country's financial industry, including investment banking and corporate finance for both large conglomerates as well as new-age start-ups, including SugarBox Networks, Baazi Games, Den Networks, and CarDekho Group, which includes Insurance Dekho and Rupyy.
Abhimanyu Saxena, co-founder of InterviewBit and Scaler, said, "While we have created a solid foundation with our product offerings, we want to strengthen our bottom line and attain profitability. Tapan is perfectly positioned to help us in our endeavour."
Tapan Jindal, CFO at InterviewBit and Scaler, said, "Education is close to my heart, and having run an education venture early in my career, I feel Scaler is my new home. We will endeavour to strengthen the financial and governance practices as we work towards creating a globally admired tech education company out of India."
The year 2023 saw Scaler achieve positive cash flow and were also profitable in the JAS (Jul-Aug-Sep) quarter. Last year, the company partnered with NSDC and joined the #SkillIndia mission to help the country meet its growing demand for Software Development Engineers, Data Scientists and Machine Learning specialists through its unique and effective upskilling programs.
The edtech also acquired Pepcoding, a Delhi-based edtech platform, for an undisclosed amount, last year. This marks the fourth acquisition, following the acquisition of AppliedRoots, Coding Minutes, and Coding Elements.
Launched in 2019, the Bengaluru-headquartered Scaler is an edtech platform that upskills working professionals and educates aspiring engineering students.
Valued at $710 million, Scaler is backed by global investors like Peak XV Partners (formerly Sequoia Capital India), Tiger Global, and Lightrock India. The edtech has expanded its footprints across India and the US.