A strategic implementation and knowledge partner in the Skill India Mission, National Skill Development Corporation (NSDC), have officially joined hands with upskilling platform Mythiksha to help Mythiksha expand its reach in rural cities and promote employment opportunities for rural youth.
With NSDC, Mythiksha expects to reach over 1 lakh students over the next 12 months. At present, Mythiksha follows a ’Learn Now Pay Later’ model, where candidates enroll with an admission fee and clear the course fee in easy installments after they receive a job.
With NSDC, students will have options for loans via their partnered NBFCs. The organisation also helps add credibility to Mythiksha’s approach to partnering with colleges across the nation.
Utkarsh Apoorva, Founder and CEO of Mythiksha said, “There is a visible gap when it comes to awareness around pursuing career paths among the rural youth. Affordability is also a commonly discussed factor that discourages several students from pursuing a quality education”.
“Growing up, I have witnessed how several aspirations have gone unfulfilled in this process. By partnering with NSDC, we hope to take Mythiksha and our goals further, with the aim of helping improve skilling and career opportunities in our society,” he further said.
Ved Mani Tiwari, COO and Officiating CEO, NSDC said, “We appreciate the uniqueness of Mythiksha’s model which is targeting high quality upskilling at scale in rural India”.
Mythiksha guarantees 100 per cent placement for youth from tier 2 and tier 3 cities. Usually, industry-driven education programs are extremely expensive, and therefore limited to a few hundred students every year. However, Mythiksha’s innovative financial model allows students with challenging economic backgrounds to access these high-quality programmes. Their training programme involves live classes, video lessons accessible via smartphones, but most importantly, industry-grade projects designed by VPs and CEOs of top-tier companies with highly accomplished academic backgrounds.
“While Mythiksha is a young company/start-up, but we saw great potential in the team and their implementation plan. The mission of upskilling 1 crore young people in five years is an ambitious goal, and we are excited to support them in this endeavour,” he added further.