Jindal said, “I look forward to building momentum and delivering on Scaler’s growth strategy, and we will endeavour to strengthen the financial and governance practices.”
Tapan Jindal has been named chief financial officer of both Scaler and InterviewBit by edtech startup Scaler, according to a statement released on Wednesday.
He will be in charge of the organization’s overall financial growth and well-being in his new position, with a primary focus on corporate strategy and financial operations. In order to prepare the business for its next stage of expansion and achieve profitability, he will also work closely with the current teams to reinforce the general financial framework and restructure certain processes.
With almost two decades of experience, Jindal has worked in a variety of financial industry sectors for both established companies and cutting-edge startups like SugarBox Networks, Baazi Games, Den Networks, and CarDekho Group, which comprises Insurance Dekho and Rupyy. He has also worked in corporate finance and investment banking.
“The next few years are very crucial in our journey, as we want to strengthen our bottom line and attain profitability. Tapan is perfectly positioned to help us in our endeavour,” said Abhimanyu Saxena, co-founder of InterviewBit and Scaler.
Jindal said, “I look forward to building momentum and delivering on Scaler’s growth strategy, and we will endeavour to strengthen the financial and governance practices.”
Last year, Scaler’s July–September quarter showed profitability and positive cash flow. Maintaining this throughout the upcoming quarters and achieving annual profitability is the goal for 2024. The company joined the Skill India initiative last year and worked with the National Skill Development Corporation to help the nation meet the growing demand for machine learning, data science, and software development engineers.
The company, valued at $710 million (about Rs 5,900 crore), has the support of well-known international investors like Lightrock India, Tiger Global, and Peak XV Partners (previously Sequoia Capital India).
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