Edtech startup Scaler has appointed Tapan Jindal as the chief financial officer at InterviewBit and Scaler, according to a statement issued on Wednesday. In his new role, Jindal will be responsible for the organizations’ financial health and growth, with a focus on spearheading corporate strategy and financial operations. With nearly 20 years of experience in the financial industry, including roles in investment banking and corporate finance, Jindal has worked with both large conglomerates and new-age startups such as SugarBox Networks, Baazi Games, Den Networks, and CarDekho Group.
“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 endeavor,” said Abhimanyu Saxena, co-founder of InterviewBit and Scaler.
Jindal expressed his enthusiasm for the new role, stating, “I look forward to building momentum and delivering on Scaler’s growth strategy, and we will endeavor to strengthen the financial and governance practices.”
Last year, Scaler achieved positive cash flow and profitability in the July-September quarter. The company aims to maintain this trend over the next few quarters and achieve annual profitability in 2024. Additionally, Scaler partnered with the National Skill Development Corporation last year as part of the Skill India mission to address the country’s growing demand for software development engineers, data scientists, and machine learning specialists.
With a valuation of $710 million (about Rs 5,900 crore), Scaler is backed by prominent global investors such as Peak XV Partners (formerly Sequoia Capital India), Tiger Global, and Lightrock India.
