NSE Academy acquires majority stake in ed-tech firm TalentSprint

NSE Academy Limited, a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE) announced acquisition of Deep Tech education firm TalentSprint Private Ltd. 

Headquartered in Hyderabad, the ed-tech company is an education technology provider in the professional learning and executive education space. Its acquisition will augment NSE Academy’s objective to expand its presence in the education segment as it aims to provide continuous life-long learning opportunities. 

The announcement informs,  TalentSprint offers advanced certification programs in emerging and deep technologies to aspiring and experienced professionals using a hybrid online/onsite model. The programs are offered in deep and collaborative partnership with academic institutions and global corporations. Various programs offer coverage of new-age subjects including Artificial Intelligence, Machine Learning, Computational Data Science, FinTech, Blockchain, Cybersecurity, AI Marketing, Digital Health and Digital and Robotic Process Automation.

Speaking on the occasion of this announcement, Mr. Vikram Limaye, MD and CEO, NSE said “NSE’s mission has been to support the growth of Indian capital markets and financial education has been the biggest enabler to achieving this goal. As the BFSI industry evolves into a more tech enabled industry, it is but imperative that we strengthen our expertise in the education space by adding new and emerging technologies. TalentSprint’s vision and portfolio offerings complement our growth ambitions in this space and we are very excited about this partnership.”

Dr. Santanu Paul, Co-Founder and CEO, TalentSprint said “We are delighted and privileged that NSE Academy, the education arm of the NSE group, is entering the space of deep tech education with TalentSprint as its strategic partner. We share a common vision of how digital platforms are enablers of trust, quality, and scale, and how important it is to rapidly disseminate high-quality deep tech expertise to all professionals across BFSI, Technology, Consulting, and emerging sectors.”

“There are six million working professionals in India today in need of deep tech knowledge interventions, and another ten million college students waiting to enter the workforce with adequate future-proof skills. Between us, we have all the necessary synergies – capabilities, reach, resources, partnerships – to become a powerhouse in deep tech education and empower the workforce of tomorrow,” he added. 

TalentSprint brings high-end and deep-tech learning programs to young and experienced professionals and is an innovation partner for the National Skill Development Corporation, an arm of the Ministry of Skill Development and Entrepreneurship.

Key shareholders in the company, other than NSE Academy, include Nexus Venture Partners, a venture capital firm, National Skill Development Corporation (NSDC) (an arm of the Ministry of Skill development and Entrepreneurship), and prominent angels. 

AK

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.
 

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