NSE Academy, a wholly-owned subsidiary and education arm of the National Stock Exchange (NSE) Limited, has acquired a majority stake in deep technology education firm TalentSprint, the company has announced recently.
Financial details of the deal were not disclosed.
TalentSprint is a leading education technology provider in the professional learning and executive education space. It offers advanced certification programs in emerging and deep technologies to aspiring and experienced professionals using a hybrid online/onsite mode.
The programs, which are offered in collaborative partnership with prestigious academic institutions and global big tech corporations, cover a wide range of new-age subjects, including Artificial Intelligence, Machine Learning, Data Science, FinTech, Blockchain, Cybersecurity, AI Marketing, Digital Health, Digital and Robotic Process Automation, among others.
According to a statement, TalentSprint augments NSE Academy’s objective to be the leader in the education segment with the aim of continuous lifelong learning right from K12, university to executive level/corporate learning, not only in finance skills but also adjacent areas in emerging technology areas such as Artificial Intelligence, Machine Learning, FinTech and Blockchain in the capital market and BFSI domain through online and offline modes.
It added that in recent times, there has been a high demand for skill acquisition/upgradation in these areas, which are also leading to employment avenues for the nation’s young graduates and workforce. Moreover, these latest technologies have the biggest impact in the BFSI space and hence an expansion in these areas is a natural progression for NSE Academy.
Commenting on the partnership, Vikram Limaye, Managing Director and Chief Executive Officer, National Stock Exchange, said in a statement,
“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 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. Shantanu Paul, Co-founder and Chief Executive Officer, TalentSprint, said,
“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.”
According to Shantanu, there are six million working professionals in India today in need of deep tech knowledge interventions, and another 10 million college students waiting to enter the workforce with adequate future-proof skills.
Abhilash Misra, Chief Executive Officer, NSE Academy, also commented on the partnership saying,
“This strategic partnership between NSE Academy and TalentSprint creates unique possibilities within the professional educational ecosystem and we look forward to jointly bringing new deep tech skilling opportunities that will have a long-term impact on the future of learning work.”
Hyderabad-headquartered TalentSprint is an innovation partner for the National Skill Development Corporation (NSDC). The company’s digital learning platform also powers online campuses for major academic institutions.