Innomatics Research Labs, a Hyderabad-based EdTech, has defied industry norms by producing thousands of data scientists without raising any external funding. While other EdTechs focused on securing investments and marketing, Innomatics took a different path-prioritizing skill development, real-world training, and direct job placements.
Founded in 2019, the company has successfully placed thousands of students in 500+ data science companies, solidifying its reputation as one of India’s most trusted data science training institutes.
The Power of a Bootstrapped Model
Unlike venture-backed competitors, Innomatics Research Labs built its foundation on personal savings. The founder, Vishwanath Nyathani, emphasized impact over capital, proving that quality education and industry collaboration could drive success without large financial backing.
Today, over 2,000 students train at their Hyderabad campus, with many traveling from Maharashtra, Tamil Nadu, and Karnataka. The increasing demand has led to the launch of new branches in Bangalore and Pune, making their courses more accessible.
Internship Programs and Real-World Learning
One of Innomatics` biggest differentiators is its hands-on internship program. Open to all aspiring data scientists, the program includes entrance tests to filter candidates with a fundamental understanding of data science. The selected students undergo intensive training, including live lectures, mentorship, and project-based learning on topics like Large Language Models (LLMs) and Generative AI, which are offered entirely free of cost.
Moreover, students work on real-world projects and are encouraged to showcase their work on platforms like GitHub and LinkedIn, increasing their employability. This portfolio-building approach has become a game-changer, making Innomatics graduates stand out in interviews.
Industry-Driven Approach
Innomatics’ training model focuses on practical exposure rather than theoretical concepts. CEO Kalpana Kaki Reddy highlights their success comes from hiring top industry experts as mentors. With a pool of 500+ professionals from leading companies, trainees receive guidance that aligns with current industry demands.
Unlike other EdTechs that rely on slow ticketing systems for student queries, Innomatics offers an interactive Learning Management System (LMS), where students get immediate mentor support, ensuring a seamless learning experience.
Overcoming Challenges and Scaling Up
Despite its success, Innomatics faced significant hurdles. The COVID-19 pandemic nearly crippled the company, with students unable to pay fees and operational costs piling up. The founders borrowed INR 1.8 crore from friends to sustain the business.
However, employee attrition and financial setbacks created additional struggles. Yet, their perseverance paid off-through strategic hiring, a strong alumni network, and exceptional training quality, they rebuilt the business stronger than ever.
The Future of Innomatics
With over 350 cohorts and 400,000+ hours of training delivered, Innomatics is now focused on scaling further. Their vision for the next two years is to upskill over a million professionals in Data Science, AI, Full Stack Development, and Data Engineering.
The key to their sustained success?
A commitment to hands-on learning, strong industry partnerships, and an unwavering dedication to student success.
By proving that funding isn’t a prerequisite for impact, Innomatics Research Labs stands as a beacon of innovation in the EdTech space-empowering thousands to launch successful careers in data science.
For more information, visit https://www.innomatics.in/
