Trending

Stories

Blackstone Acquires Majority Stake in Online Learning Platform Simplilearn

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Leading investment firm Blackstone on Monday announced that it had acquired a controlling stake in homegrown online learning platform Simplilearn.

Touted as an online Bootcamp for digital economy skills training, Simplilearn was founded in 2010 in Bengaluru and offers over 100 programs to help early to mid-career professionals acquire new-age digital skills across the spectrum.

Also Read

“We believe Blackstone can add significant value to our company because of their scale, commitment to building businesses and global network, which will enable us to develop partnerships with businesses and universities as Simplilearn continues to expand around the world,” said Krishna Kumar, Founder, and CEO, Simplilearn.

“We would also like to thank our previous investors, Kalaari Capital, Helion Venture Partners, and Mayfield Fund for their undaunted support and trust in our journey of becoming a market leader,” he added.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Earlier this month, Simplilearn announced to onboard five million learners in the next two years on its SkillUp platform.

The company is currently collaborating with educational institutes such as Caltech CTME, MIT Schwarzman College of Computing, UMass Amherst and the Isenberg School of Management, Purdue Online, Jagdish Sheth School of Management and IIT Kanpur, and companies such as IBM, Microsoft, Amazon, Facebook, and KPMG.

“This is Blackstone’s first private equity investment in Asia in a consumer technology company. Simplilearn is a differentiated player in the digital skilling space with premium content created in partnership with marquee university and industry partners,” said Amit Dixit, Head of Asia for Blackstone Private Equity.

Blackstone brings global expertise in education technology, including the partnership with Aakash Educational Services and Byju’s to build India’s largest digitally-enabled omnichannel education company.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text
Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022