In a strategic move to enhance its learning and development capabilities, Accenture has acquired TalentSprint, a deep-tech education company previously owned by the NSE Academy Ltd, a subsidiary of the National Stock Exchange of India. This acquisition is set to expand Accenture LearnVantage’s ability to drive growth and transform the workforce of the future.
Founded in 2008 by Santanu Paul, J Chowdary, and Madhu Murty, TalentSprint has carved a niche in delivering certification programs that focus on emerging technologies. Their offerings include coding bootcamps, AI, data science, fintech, blockchain, cybersecurity, and digital health, among others. These programs cater to both aspiring professionals and those looking to upskill in today’s rapidly changing job market, with a blend of online and onsite learning models.
This acquisition positions Accenture to further enhance its offerings through LearnVantage, its platform for talent development. With TalentSprint’s extensive experience in the field, Accenture now has the resources to better assist organizations in reskilling and upskilling their workforce, especially in preparation for an AI-powered world. TalentSprint’s team of around 210 professionals will join the growing LearnVantage business, adding valuable expertise to Accenture’s already robust portfolio.
Over the past 15 years, TalentSprint has built a strong reputation through collaborations with leading academic institutions such as the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), International Institutes of Information Technology (IIITs), and global research organizations. These partnerships have bolstered TalentSprint’s programs, making them highly sought after by learners and businesses alike.
With this acquisition, Accenture aims to meet the increasing demand for specialized technology skills across industries. Kishore Durg, the global lead of Accenture LearnVantage, emphasized that the addition of TalentSprint will provide clients with essential technology training, ensuring their teams are equipped with the skills needed to drive innovation and business growth.
In terms of financial performance, TalentSprint has seen impressive growth, with revenue from operations rising by 40.8%, reaching Rs 100 crore in FY23, up from Rs 71 crore in FY22. With Accenture’s backing, the future looks even brighter for the company as it continues to expand its reach and impact in the world of tech education.
This acquisition represents a significant step for Accenture as it continues to strengthen its position as a leader in the talent development space, offering end-to-end learning solutions that prepare professionals for the technological challenges of tomorrow.
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