NSE subsidiary acquires majority stake in edtech startup TalentSprint

NSE Academy Limited, a wholly owned subsidiary of the National Stock Exchange Limited, on Tuesday announced acquisition of majority stake in deep technology education firm TalentSprint Private Ltd.

The Hyderabad headquartered company is a leading education technology provider in the professional learning and executive education space.

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, said a statement here.

"In recent times there has been 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."

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 prestigious academic institutions and global corporations.

"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," said Vikram Limaye, MD and CEO, NSE.

"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," said Dr. Santanu Paul, Co-Founder and CEO, TalentSprint.

According to him 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.

"This strategic partnership between NSE Academy and TalentSprint creates unique possibilities within the professional education 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 and work," said Abhilash Misra, CEO NSE Academy.