Latest news with #ImarticusLearning
Time of India
02-07-2025
- Business
- Time of India
National College to set up Centre of Excellence
National PG College has signed an MoU with Imarticus Learning to establish a Centre of Excellence on campus. It aims to bridge the gap between academics and industry by offering free career mapping tests, internships in fields like investment banking and data science, access to the SkillHub platform, and placement support. Faculty members will also benefit from development programmes on current industry trends. The MoU was signed by CBO of Imarticus Learning, Ravi Kiran, and principal Devendra Kumar Singh. National PG College has signed an MoU with Imarticus Learning to establish a Centre of Excellence on campus. It aims to bridge the gap between academics and industry by offering free career mapping tests, internships in fields like investment banking and data science, access to the SkillHub platform, and placement support. Faculty members will also benefit from development programmes on current industry trends. The MoU was signed by CBO of Imarticus Learning, Ravi Kiran, and principal Devendra Kumar Singh.
Mint
16-06-2025
- Business
- Mint
Plenty of courtships, but no one's tying a knot in Indian edtech
India's mid-stage edtech startups are finding no takers. Once the darlings of investors in 2021, Indian edtech firms—especially in the series A to C stages—are now struggling to raise fresh funds or secure strategic buyers, Mint has learnt. Startups at these stages recorded just three deals totalling $9 million so far in 2025—a staggering drop from $852 million across 50 deals in 2021—according to data provider Venture Intelligence, on the back of slowing demand for online learning and adjacent edtech models post-pandemic. As venture capital dries up, many of these companies are increasingly turning to larger peers for potential mergers or acquisitions to survive and scale. 'We're witnessing a surge in M&A interest across both digital and brick-and-mortar education segments… Smaller companies recognise that joining a larger platform can offer better exit potential," said Varun Gupta, managing director at Avendus, who advises on edtech deals. Gupta noted that several bootstrapped assets—those built with little or no external capital—have scaled profitably and are now attractive M&A targets. Also Read: Capillary Tech to file IPO documents by October; Warburg, others to trim stake Despite increased conversations, deal closures remain elusive. Only seven M&As have occurred in 2025 so far, compared to 46 in 2021. M&A activity in edtech has sharply declined since its peak four years ago of 46 deals worth $3.36 billion. In 2022, deals remained high at 49, but their value dropped to $1.05 billion. The slowdown deepened in 2023 (23 deals, $104 million) and 2024 (12 deals, $138 million). In 2025 so far, only seven deals worth $37 million have been recorded, reflecting continued caution and consolidation. The average size of such deals has also nosedived—from $73 million in 2021 to $5.2 million this year. Unfinished agenda Some recent deals that did close include Imarticus Learning's $6 million acquisition of MyCaptain and FinX's $2 million buyout of BSE Institute. 'Market conditions, such as economic climate and investor sentiment, often lead to valuation disagreements, making negotiations complex. For example, median revenue multiples for edtech companies were around 1.6x in Q4 2024, reflecting a cautious approach by investors," said Nikhil Barshikar, founder and CEO, Imarticus Learning. However, many high-profile acquisition talks are falling through. After an unrealised deal with Allen, Unacademy is now looking to hive off Airlearn, asMintearlier reported. Similarly, Simplilearn, another company said to be exploring a sale,Mintreported earlier, has not found any takers yet. Well-capitalised players, or potential buyers, are approaching M&As cautiously. Physics Wallah's negotiations to acquire Drishti IAS fell apart recently, Entrackr reported last week. Others are choosing to grow organically. 'There are too many companies in each segment of the sector, many without sustainable or scalable business models. What the industry needs now is a period of contraction," said Ronnie Screwvala, chairperson and co-founder, upGrad. 'This means to hold on for the next 18 months to see who will be around without funding, as many will perish," he added. Since 2021, close to 16 funded edtech players like Stoa, Dojo, Bluelearn and Udayy have shut shop, Tracxn data showed. Screwvala also warned that prematurely consolidating with startups that lack viable business models may lead to larger issues later. Also Read: Flexiloans to expand lending offerings, enter insurance post ₹665 crore funding Akshay Chaturvedi, founder and CEO of talent mobility platform said he dropped acquisition plans after evaluating two companies earlier this year after failing to reach an agreement on valuation benchmarks. He declined to name the firms, citing confidentiality. 'We're evaluating companies, but there's continued back and forth on valuations as many are missing their revenue and profit targets," said Chaturvedi. He is looking for acquisitions to grow in Europe and Southeast Asia, and other markets in the revenue range of $10-15 million. What's blocking deals? The hesitation stems from both valuation mismatches and concerns over stable profits in these companies. 'Non-scaled business models don't lead to meaningful or long-term value-accretive M&As. These often turn out to be top-line buyouts that eventually fade, as they aren't sustainable or profitable," said Screwvala. He added that in many of these cases, the growth trajectories look unusually steep and have, in most cases, tapered off. Many startups that raised capital in 2021 at inflated valuations are now unable to justify them with current metrics, making acquirers hesitant. Also Read: Sheela Foam plans to infuse capital in Furlenco as furniture rental market expands Still, investors believe the M&A logjam will ease in the next few years, for firms in the $100-500 million valuation range that have achieved scale. 'We think strategic or financial transactions are a possibility in the coming years…Most of the companies with decent scale—$25 million revenue—are breakeven and/or have cash to get to breakeven," said Mujtaba Wani, principal at GSV Ventures, an edtech-focused global VC firm. 'So the catalyst for M&A will have to be individual initiative."
Entrepreneur
29-05-2025
- Business
- Entrepreneur
Imarticus Learning Acquires MyCaptain in INR 50 Cr Deal
With this, Imarticus Learning has marked its fourth acquisition in the last four years, further accelerating its growth journey and strengthening its leadership in the education sector. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Professional education leader Imarticus Learning has acquired edtech startup MyCaptain for INR 50 crore (approx. USD 6 million), marking its fourth acquisition in the past four years and further cementing its leadership in India's upskilling landscape. This strategic acquisition significantly expands Imarticus Learning's workforce to over 850 employees and brings in a dynamic team of ex-founders from MyCaptain, boosting the company's senior leadership with fresh entrepreneurial talent. The move aligns with Imarticus Learning's broader vision of reaching 5 million learners over the next three years, with a strong focus on deepening its presence in Tier II and Tier III cities. Nikhil Barshikar, Founder and CEO of Imarticus Learning, highlighted, "Our collaboration with MyCaptain marks a pivotal step in strengthening Imarticus' vision to be the lifelong career partner for learners across their journey. What Zeeshan, Ruhan, and Sameer have built with MyCaptain is a company rooted in strong values, vision, and real-world impact. We're thrilled to welcome them into the Imarticus family as we shape the next phase of growth together." Barshikar further added, "While previous acquisitions have helped us diversify our portfolio and address evolving learner needs, with MyCaptain, we aim to deepen accessibility in non-tech career domains and significantly expand our reach in Tier II+ cities." Founded in 2012, Imarticus Learning is a Mumbai-headquartered professional education company that has impacted over 1 million learners. It offers industry-relevant programs in finance, technology, data science, marketing, and management. The company is India's first and only approved training partner for five global finance certifications including CFA, CMA, CPA, ACCA, and FRM. With a network of over 3,500 hiring partners and collaborations with premier institutions like IIMs, ISB, and London Business School, Imarticus has placed more than 75,000 learners in top MNCs. MyCaptain, founded with the mission of unlocking unconventional career paths for youth, has over 5 lakh learners and generated INR 27 crore in revenue last year while achieving EBITDA breakeven. The platform is known for its strong grassroots presence across 1,500+ campuses and boasts a Net Promoter Score (NPS) of 70, one of the highest in India's edtech sector. "MyCaptain began as a movement to challenge the status quo and open up alternate career paths for students across the country," said Mohammed Zeeshan, Co-founder and CEO of MyCaptain. "With Imarticus' scale and Nikhil and Sonya's shared belief in our mission, we now have the chance to take everything we've built and scale it even further, making new-age careers more accessible and achievable for more than 1 million students across India." Imarticus plans to scale MyCaptain's operations fivefold over the next three years, further advancing its mission to be the career partner of choice for learners from college to leadership.
Time of India
28-05-2025
- Business
- Time of India
IPO bound Imarticus Learning acquires MyCaptain
Professional education firm Imarticus Learning has acquired edtech startup MyCaptain for Rs 50 crore, the company said in a statement on Wednesday. MyCaptain, which empowers college students, fresh graduates and early professionals with skills and jobs in new-age, non-tech careers has over five lakh learners on its platform. Tier 2 and 3 cities in India are faced with significant challenges in terms of skilling and awareness about new-age career opportunities. The acquisition of MyCaptain marks a significant milestone in Imarticus Learning's mission to deliver industry-relevant education even in the hinterlands. With this acquisition, Imarticus Learning has expanded its reach by entering the college skilling segment through the 60+ Live Cohort-Based Programs across new-age careers . Through MyCaptain's employability bootcamps in new-age fields like Digital Marketing, Design, and Content, Imarticus is set to expand into new verticals — bringing these programmes offline across their 20+ classroom centres in 16+ cities. MyCaptain has built a network with students across 1,500+ campuses, where 60% of its customers come from tier 2 and 3 cities, while 80% hail from creative and entrepreneurial fields. With this, Imarticus Learning has marked its fourth acquisition in the last four years. The strategic move is a part of its goal to reach 5 million learners over the next three years and expand to tier 2 and tier 3 cities. Live Events This acquisition expands Imarticus Learning's team to over 850 employees and enhances its senior leadership with a group of ex-founders, adding entrepreneurial expertise to the organisation. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Nikhil Barshikar, founder and CEO of Imarticus Learning, said, 'Our collaboration with MyCaptain marks a pivotal step in strengthening Imarticus' vision to be the lifelong career partner for learners across their journey. While previous acquisitions have helped us diversify our portfolio and address evolving learner needs, with MyCaptain, we aim to deepen accessibility in non-tech career domains and significantly expand our reach in Tier 2+ cities.' Mohammed Zeeshan, cofounder and CEO, MyCaptain added, 'MyCaptain began as a movement to challenge the status quo and open up alternate career paths for students across the country. We now have the chance to take everything we've built and scale it even further, making new-age careers more accessible and achievable for more than 1 million students across India.' Imarticus Learning in April 2023, acquired Hero Mindmine, the Hero Group training arm. It had also acquired game-based learning platform StratOnBoard in 2022, as well as social learning platform, Eckovation, in 2021.
Indian Express
20-05-2025
- Business
- Indian Express
IIM Calcutta, Imarticus Learning introduce Private Equity and Venture Capital programme
IIM Calcutta and ed-tech platform Imarticus Learning have announced the launch of an executive programme in Private Equity and Venture Capital. The course is designed for finance professionals and entrepreneurs. The seven-month live online programme will blend academic theory with real-world insights from IIM Calcutta's finance faculty and seasoned private equity and venture capital veterans. This course will help finance professionals and entrepreneurs navigate the changing investment landscape. The programme will have core and advanced topics, including deal sourcing, valuation, financial modeling, fundraising, portfolio management, and exit strategies. Keeping pace with the evolving trends, the curriculum will cover the entire investment cycle with digital and regulatory aspects, stated the press release. In addition, it includes masterclasses by PE and VC veterans who will offer firsthand insights into the dynamic PE and VC sectors. The programme will provide learners with personalised mentorship, leadership coaching, and psychometric evaluations. Besides, participants will benefit from exclusive industry masterclasses with investors, offering real-world insights into deals and investment trends. Upon completion, they will receive IIM Calcutta executive education alumni status with lifelong access to the institute's global alumni network, dedicated alumni portal, and email domain. Meanwhile, IIM Calcutta and ed-tech company Emeritus have jointly launched a 12-month Advanced Programme in Supply Chain Management. The course will focus on training individuals with advanced supply chain strategies, cross-functional leadership roles, and the ability to drive end-to-end profitability through automation, and in-class practices. The programme will be held online from June 29, 2025. Any graduate/diploma holder or postgraduate with more than three years of work experience in supply chain management are eligible to apply. The participants will have to pay Rs 4.60 lakh (including GST). Upon successful completion of the programme, participants will receive a certificate from IIM Calcutta and an opportunity to gain the IIM Calcutta Executive Alumni status. The programme could be ideal for mid to senior-level professionals working across purchasing, production, inventory, logistics, and supply chain functions, or those operating in service or manufacturing sectors, who are interested to learn insights and industry-related techniques to advance the evolving landscape of supply chain management.
