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.
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)