Launch · Education & Skilling
Techmaghi expands offline centers after record online program
By Startup Enthusiast ·
- Date
- Company
- Techmaghi
- What it does
- Hybrid skill-building with VR labs
- Kind
- Launch
- Amount
- ₹35-40 lakh
- Based in
- Kochi
- Sector
- Education & Skilling
What they do
Founder Deepak Rajan pivoted from mental health to skill-building after an EV workshop drew 8,000 students
What happened
The company earned a record for the largest online program in Asia and aims to open 15-20 offline centers in Southern India
Why it matters
It funds itself through workshop income and government grants, and plans franchise growth starting with a Calicut lab
The details
- Deepak Rajan shifted from a mental health venture (Boomerang) to skill-building after an EV workshop attracted over 8,000 students.
- Techmaghi set a record for the largest online program in Asia, recognized by the Asia Book of Records.
- The company represented India at Hong Kong's Jaitex 2025.
- It recently raised ₹35-40 lakh.
- Techmaghi relies on workshop revenues and government grants such as Startup India and Kerala Startup Mission for funding.
- It runs two centers in Kochi equipped with automotive and VR labs.
- The company provides internships and tailored courses.
- The name 'Techmaghi' means tech's magician.
The bigger picture
- Experience at Byju's taught Rajan to pursue a careful, slow-growth approach.
- Techmaghi stands out by using hybrid models that combine industry experts and physical labs, unlike fully online platforms.
- Profit margins and grants support its expansion plans.
- The pivot from mental health to skill-building shows a demand for vocational training.
About the business
- Techmaghi is a hybrid learning company with VR labs and automotive training.
- It has two centers in Kochi with automotive and VR labs.
- The company offers internships and personalized courses.
- It has a team of 40+ members.
- Revenue comes from workshop fees and government grants.
- The company targets 15-20 offline centers across Southern India in three years.
- It plans franchise expansion starting with a Calicut automotive lab.
What happens next
- Target 15-20 offline centers across Southern India in three years.
- Start franchise expansion with a Calicut automotive lab.
The deal
- Type
- funding
Founders
- Deepak Rajan, Founder
Same day
- Early backer Ashish Agrawal quits Groww board20 April 2026 · People
- Groww Q4 profit more than doubles to ₹686 crore20 April 2026 · Results · ₹686 crore profit
- Aseem Khare launches Khare Maths, an AI-powered math learning platform for students in classes 3 to 1020 April 2026 · Analysis
- Mobavenue AI Tech subsidiary wins three DIGIXX awards20 April 2026 · Launch
- Sarvam AI in talks to raise up to $350 million20 April 2026 · Funding · $320-350 million
- Acko cuts 60 staff for AI shift ahead of IPO20 April 2026 · Layoffs