HCL Group (www.hcl.com) today announced that it has acquired a majority stake in GUVI, one of India’s leading vernacular EdTech platforms.
GUVI was founded by Arun Prakash M, Sridevi M and SP Balamurugan in 2014. The IIT Madras and CIIE (IIM Ahmedabad) incubated company offers technical courses such as Web Development, AI module, SQL, and various other courses created by industry experts in vernacular languages.
GUVI provides tailor-made courses for learners, universities and employers. With this strategic investment, the aim is to create skilled tech professionals in India and abroad.
“HCL believes in the philosophy of multiplying the potential of not just individuals but communities at large. In line with the same belief, 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. Through this investment, the aim is to address the critical technical skill-gap across enterprises.”Mr. Shikhar Malhotra, Director – HCL Corporation and Trustee – Shiv Nadar Foundation, said,
The demand for tech talent across sectors is extremely high due to the rise in digital first focus across the country according to the ‘Demand and Supply Analysis Report’ by NASSCOM.
As a result, platforms offering courses in Python, Data Science and Business Analytics; AI and Machine Learning; Data Science; Cloud Computing; Automation; and Design Thinking have grown exponentially.
“We are, excited to join hands with HCL and believe that 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.”Mr. Arun Prakash, Co-Founder & CEO of GUVI said,
GUVI will concentrate on developing a demographic-agnostic environment that will enable all deserving persons to gain technology skills.
GUVI has upskilled over 1.7 million students and professionals in the latest technology skills and assisted them in gaining placement across industries.
About HCL Group
Established in 1976 as one of India’s first IT garage start-ups, HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers.
Today, the HCL Group has business presence across sectors including technology and healthcare and comprises three group companies –HCLTech, HCL Infosystems and HCL Healthcare.
The Group generates annual revenues of over US$11.8 billion with more than 211,000 employees operating across 52 countries.