Representative Image VideoPlasty (Wikimedia Commons)
Business

Ed-tech platform GUVI's majority stake acquired by IT giant HCL

IT major HCL on Thursday said it has acquired a majority stake in vernacular ed-tech platform GUVI.

Author : NewsGram Desk

IT major HCL on Thursday said it has acquired a majority stake in vernacular ed-tech platform GUVI -- one of the few companies in India to partner with Elon Musk's 'OpenAI' initiative -- for an undisclosed sum.

The IIT Madras and CIIE (IIM Ahmedabad) incubated startup offers technical courses such as web development, AI module, SQL, and various other courses created by industry experts in vernacular languages.

"Through this investment, the aim is to address the critical technical skill gap across enterprises," said Shikhar Malhotra, Director-HCL Corporation.

HCL is one of the leading giants in IT Sector. (Representative Image)
"We are delighted to associate with GUVI to ensure that technology aspirants have ease of access to learning and upskilling via holistic courses in the native language they are comfortable conversing in."
Shikhar Malhotra, Director-HCL Corporation

Founded by Arun Prakash M, Sridevi M and SP Balamurugan in 2014,

GUVI provides tailor-made courses for learners, universities, and employers.

GUVI offers computer programming courses in Hindi, Telugu, Malayalam, Tamil, English, and Arabic.

"We believe this association will be a game-changer for the edtech space servicing audiences in their mother tongue. Also, leveraging HCL's global network, we are looking forward to empowering a large pool of professionals," said Prakash, Co-Founder, and CEO of GUVI.

To date, GUVI has upskilled more than 1.7 million students and professionals in the latest technology skills and helped them gain placement across sectors. (KB/IANS)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

36 lakh borrowers estimated to benefit from govt’s microfinance credit guarantee scheme

ADB’s $10 billion loan to Pakistan suggests rising external dependence: Report

S. Korea in consultation with Iran, others to secure ship passage

7 pc continuous growth can make India prosperous and wealthy by 2047: Report

Bangladesh's Family Card programme risks huge fiscal burden, social welfare cuts