Accenture Expands LearnVantage with Acquisition of TalentSprint from NSE

Accenture has completed the acquisition of TalentSprint, a deep tech education company previously owned by NSE Academy Ltd., a subsidiary of the National Stock Exchange of India. The announcement was made on April 23. Following the transaction, approximately 210 employees from TalentSprint will move to Accenture LearnVantage.

TalentSprint’s Background

TalentSprint was founded in 2009. It offers multiple learning programmes targeted at early and mid-career professionals. These include bootcamps, e-degrees, and certifications in areas such as artificial intelligence, data science, digital health, chip design, cybersecurity, and sustainability.

The company works in partnership with several academic institutions, including the Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), and the International Institutes of Information Technology (IIITs). It also collaborates with enterprise technology providers to deliver its courses through both online and offline formats.

Scale and Growth

TalentSprint reported ₹100 crore in revenue from operations in FY23, up from ₹71 crore in FY22, marking a 40.8% increase. Financial figures for FY24 and FY25 have not been filed yet. The company is based in Hyderabad and has been active in the tech education space for over 15 years.

Accenture LearnVantage Context

The acquisition adds to Accenture’s LearnVantage business, which focuses on workforce training. In early 2024, Accenture announced a $1 billion investment over three years into LearnVantage. Recent investments in companies such as Udacity and Award Solutions are also part of this initiative.

NSE’s Position

NSE Managing Director and CEO Ashishkumar Chauhan stated that the sale aligns with the exchange’s focus on its core operations, with TalentSprint falling outside that scope.

Read more: Here’s Why the NSE IPO Faces a Delay!

Conclusion

The acquisition adds a new capacity to Accenture’s learning and development segment, expanding its offerings in tech training at a time when demand for upskilling in emerging technologies continues to grow.

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