Masai School, an online coding school based in Bengaluru, has purchased data analytics firm Prepleaf for $1 million in order to expand its data and business analytics training offerings. Prepleaf will continue to operate as an independent organisation under the “PrepLeaf by Masai School” label following the acquisition, according to the announcement.
Masai School had previously acquired Bengaluru-based Design Shift Academy to expand its User Experience Design (UX) and User Interface Design (UI) courses, as well as its Full Stack Web Development course.
The edtech startup raised $5 million in a Series A round from VC firm Omidyar Network India and other investors in March 2021. It has previously raised $2.5 million in a seed fundraising round headed by Unitus Ventures, India Quotient, and AngelList India in August 2020.
Prepleaf, which was founded in 2017 by IIT Kanpur alumni Ankit Agrawal, Amit Saharan, and Aman Singhal, offers 5-month data and business analytics courses. Initially, the company operated as a test preparation platform, based on a study of IIT Kanpur alumni that looked into the exam patterns of companies that visited the institution for placements.
Prepleaf’s Data Analytics test preparation classes now have roughly 250 students registered. Prepleaf, like Masai School, offers courses under an income-share agreement, in which students pay nothing up advance and only pay if they make more than Rs 5 lakh per year after completing the course. According to Prepleaf, the average placement rate is 90%, with an average remuneration package of Rs 7.5 lakh.
Masai School, on the other hand, focuses on providing job-oriented software education. It offers full-time and part-time coding programmes in full-stack web development and Android programming.