India’s Emversity doubles valuation as it scales workers AI can’t replace

As AI automates parts of the workforce, Emversity, an Indian workforce-training startup, is building talent pipelines for roles it sees AI can’t replace, and has raised $30 million in a new round to expand job-ready training in the world’s most populous market. The all-equity Series A round was led by Premji Invest, with participation from Lightspeed Venture Partners and Z47, the Bengaluru-based startup announced on Thursday. The funding values Emversity at around $120 million post-money, sources confirm ...