- Program designed to create a large pool of Tech developers for HDFC Ergo

HDFC ERGO General Insurance Company, a leading general insurance company of India, has partnered with NIIT, a global talent development corporation, to create a large pool of developers.

Spanning over 10 weeks, HDFC ERGO Technocrat – Advance Dot Net Developer Program will create ready-to-deploy talent, who can play a pivotal role in offering technology powered insurance solutions.

The program will be delivered through live, instructor-led sessions and will also offer a stipend to the participants. The applicants will have to clear a two-level assessment test, post which they will receive a provisional offer letter from HDFC ERGO.

Commenting on the partnership, Sudakshina Bhattacharya, CHRO, HDFC ERGO General Insurance Company, said, “As part of our digital-first approach, we have been at the forefront of adopting new technologies to add value to our customers’ lives. With such fast-changing technologies, we understand the need to articulate a pathway towards building a future-ready workforce. Through this partnership with NIIT, we envisage to empower a next-gen workforce with skills to unlock the full potential of our insurance solutions through cutting-edge technologies. At HDFC ERGO, we believe that the Future is Now”.

To know more about the program and enroll, please click: Advanced Dot Net Developer Program | NIIT

- Earns three leading awards for providing outcome-driven learning and talent development solutions to large enterprises and corporates in India

- Awards bagged by 3 verticals of NIIT’s India Enterprise Business for their work with leading enterprises focused on attracting, developing, and retaining talent to accelerate business growth

NIIT Limited has bagged leading awards in three categories at the Digital Transformation Summit & Awards 2022. These awards have been won by NIIT Enterprise Business verticals- NIIT Institute of Finance, Banking & Insurance Training Ltd. (NIIT IFBI), StackRoute and NIIT Sales and Service Excellence (NIIT SSE) - for building deep partnerships with leading enterprises towards their learning and talent building initiatives focused on attracting, developing, and retaining talent to accelerate their business growth.

NIIT IFBI, a subsidiary of NIIT Limited, has been awarded the ‘Best Digital Learning Partner for BFSI’ for its work with leading Banks and Financial Services companies towards building highly skilled and contemporary talent focused on delivering business outcomes. Over the last 16 years, NIIT IFBI has been a preferred training partner for BFSI Organizations and has trained over 2,50,000 BFSI professionals. Leading Indian Banks and Financial services companies have partnered with NIIT for building high quality workforce across roles and organization pyramid.

NIIT StackRoute, an NIIT venture has been recognized as the ‘Digital Transformation Learning Solution Provider of the Year’ for helping accelerate the product management competency for digital engineering teams. StackRoute is a digital transformation partner for corporates to build deep-skilled technology and digital talent at scale. Established in August 2015, StackRoute provides disruptive IT learning solutions on programming, quality-engineering, data-science, and digital architecture. StackRoute’s flagship programs include Full-Stack Engineering for fresh-hires, and structured learning interventions that focus on “transformative competencies” required of mid-level and senior career professionals.

NIIT SSE, the Sales and Service Excellence business vertical of NIIT, has been honored with the ‘Digital Transformative Learning Solution Provider for Frontline Sales and Service Teams’ award for its contribution in building well trained and highly productive workforce across customer facing sales and services roles for many large enterprises in India. NIIT has deep expertise in empowering businesses in creating learning eco-systems coupled with unique enablement and digital tools designed to empower employees to enhance key competencies, elevate performance, and deliver business growth. 

Speaking on the occasion, Abidali Dossa, Founder & Managing Director, Transformance Forums, said “We congratulate NIIT Ltd for winning the coveted awards for three of its verticals, NIIT IFBI, NIIT SSE and StackRoute, at the 2nd Digital Transformation Summit & Awards. These awards acknowledge NIIT’s contribution towards creating industry ready talent for the industry. We wish them all the best in curating more such revolutionary and technology led learning solutions in the times to come as well.”

The Transformance Forums is an organization which is involved in execution of business conferences and summits to bring together the leaders of different industries on a platform. It also recognizes the contributions and remarkable works of organizations and individuals through various awards.

- Significantly expands strategic capabilities in talent development, learning consulting, program design and delivery

NIIT Limited announced that it has acquired 100% membership interest in St. Charles Consulting Group LLC (StC) through its wholly owned subsidiary, NIIT (USA), Inc. Headquartered in St. Charles, Illinois, StC is a leading provider of consulting, design, and implementation solutions for strategic learning programs to professional services firms and Fortune 500 companies.

The acquisition was completed at a fixed consideration of USD 23.428 Million subject to certain adjustments as per definitive agreements. In addition, the definitive agreements provide for payment of annual performance based earnouts over the next four years.

Founded in 2002, by two former Arthur Andersen Partners, St. Charles Consulting Group has a network of over 500 premier management consultants in the fields of learning, organization development, knowledge services, and workforce planning. The company offers solutions in four key areas - strategic consulting, custom learning experiences, learning curation, and managed services.

With their genesis as leading Arthur Andersen learning professionals at Andersen’s Worldwide Center for Training and Development, the company’s founders and key team members have served over 12 out of the top 15 global professional services firms.

The acquisition helps NIIT add significant presence in the professional services and management consulting sectors while strengthening NIIT’s rapidly growing learning consulting practice. The transaction is in line with NIIT’s stated goal of accelerating growth through investments that add new capabilities to bring more value to its customers and strengthen presence in attractive customer segments. St. Charles’ deep experience in Strategic Learning Programs aimed towards advancing overall strategy, addressing strategic business priorities, and key initiatives at large organizations are in high demand across large, global organizations. NIIT believes there is a significant growth opportunity for StC’s business going forward and expects the transaction to be margin and EPS accretive from the first year.

“The acquisition of St. Charles Consulting Group will give our customers access to an expanded capability of consulting, designing, and implementing strategic learning programs. This will enable us to engage with our customers on a deeper level to help them attain their strategic objectives,” said DJ Chadha, Chief Customer Officer, NIIT Limited.

“Given the accelerated change that businesses are experiencing as a result of advanced technologies, accelerated evolution of skills, and new service delivery models, organizations’ ability to learn and adapt must be at the core of their business strategy and imperatives. As a result of the current business climate, St. Charles has experienced incredible growth over the last few years, helping our clients in this new frontier of learning.

The time couldn’t be better to join forces with NIIT to bring a broader array of capabilities to our clients. The two firms bring complementary learning capabilities and offerings which will allow us to more fully serve our clients and be even more competitive in the marketplace,” said Larry Durham, President of St. Charles Consulting Group.

VectorSpan and AGG acted as the financial and legal advisor respectively in this transaction.

The Federation of Indian Chambers of Commerce & Industry (FICCI), felicitated Rajendra Singh Pawar, Chairman & Founder, NIIT with ‘Lifetime Achievement Award 2022’ at the 8th FICCI Higher Education Excellence Awards ceremony held in the capital on November 17, 2022. The award recognises Mr Pawar for his immense contribution and exemplary work in the field of education as well as creating the IT Training industry.

The selection of Award was done by a high-level jury panel, Chaired by Dr R. A. Mashelkar, Indian National Research Professor and Chancellor, Institute of Chemical Technology, Mumbai and former Director General of CSIR.

Under Mr Pawar’s leadership, NIIT has played a key role in shaping the growth of the Indian IT sector, by creating skilled manpower to drive its momentum. Along with revolutionizing the IT Training industry, he is now also involved in establishing an innovative model in Higher Education through the not-for-profit NIIT University. For an outstanding contribution in his field, Mr Pawar has been awarded the country’s prestigious civilian honour, Padma Bhushan, by the President of India in 2011.

Watch message from Mr Pawar on the recognition here: https://www.youtube.com/watch?v=gWY40at_WxY

Established in 1927, FICCI is the largest and oldest apex business organisation in India. The FICCI Higher Education Excellence Awards were instituted in 2014 to recognize and felicitate the achievements and excellent work done by the institutions and individuals, who have set benchmarks of excellence and are doing inspirational and exemplary work in the higher education space.

Mr Pawar has also been honoured with several other prestigious awards such as 'Lifetime Achievement Award' at Dataquest ICT Awards 2019, the ‘Distinguished Alumnus Award' from IIT in 1995, the Ernst & Young’s ‘Master Entrepreneur of the Year Award’ in 1999, and The Global India Splendor Award in 2013. He has also been honoured as the ‘IT man of the Year’ by IT industry journal, Dataquest in 1998.

NIIT has been recognized as the Best E-Learning Platform by the Associated Chambers of Commerce & Industry of India (ASSOCHAM). The award was given to NIIT Digital for its contribution to the technology training sector at the ASSOCHAM Futuristic Technologies & 7th Technology Excellence Awards ceremony in Kolkata.

NIIT Digital is a Learner Experience Platform which has been playing an integral role in connecting corporate and individual learners seamlessly. It has successfully enabled an environment for improving learning, effectiveness, and efficiency through live interactive learning and mentoring sessions. With the aim to provide deep learning, NIIT Digital not only provides new age, online, instructor-led tech programmes, but also provides placement assurance to truly transform the lives of the learners. Delivered in an interactive format, the platform assists in bridging the gap between the needs of the tech industry and the job readiness of learners.

For the last 40 years, NIIT has played a key role in shaping the growth of the Indian IT sector by creating a skilled manpower pool as per global industry requirements. Established in 1981 with a mission of bringing people and computers together, NIIT today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. The company offers training and development solutions to Individuals, Enterprises, and Institutions in over 30 countries and has impacted over 35 million learners.

Congratulating NIIT on the occasion, Perminder Jeet Kaur, Senior Director, East and North-East, ASSOCHAM, said, “We congratulate NIIT Digital for winning the ‘Best E-Learning Platform award’ for their remarkable role in shaping the training sector of the country through their innovative learning solutions and the new-age technologies. This award is an acknowledgment of NIIT’s commitment towards creating industry ready talent for the future. We wish them all the best in curating more such revolutionary learning solutions in the times to come as well.”

The Associated Chambers of Commerce & Industry of India (ASSOCHAM) is the oldest apex chamber of the country. It has been regularly engaging itself with the policy makers, education bodies, social organizations, international agencies, Institutes of Excellence to bring the desired reforms in the education sector for building an eco-system of sustainability both socially and economically. The apex chamber has undertaken many initiatives to bring reforms in education especially in the country’s need to improve quality from early year on, the gross enrollment ratio in higher education, employability and skill development.

- Deal to expand NIIT’s Professional and Leadership Skills offerings, to help organizations and employees become future ready

- Funding to accelerate KNOLSKAPE’s global expansion

 The award was given to NIIT Digital for its contribution to the technology training sector at the ASSOCHAM Futuristic Technologies & 7th Technology Excellence Awards ceremony in Kolkata.

NIIT Limited signed a definitive agreement to invest growth capital in KNOLSKAPE Solutions PTE. LTD, a leading Experiential Learning Platform company. Under the agreement, NIIT would invest USD 2 million in compulsorily convertible preference shares to be issued by KNOLSKAPE. The funds are part of the total round of USD 4 million in fresh funds raised by KNOLSKAPE to expand its direct sales in global markets.

The investment is a key initiative in NIIT’s endeavor to constantly bring more value to customers with a focus on talent transformation and workplace skills. In an increasingly hybrid work environment, KNOLSKAPE’s expansive platform and portfolio of carefully crafted, immersive simulations coupled with NIIT’s managed services approach will help organizations prepare for a digital first, future-ready workforce.

KNOLSKAPE‘s platform is focused on empowering the hybrid workforce, creating future-ready organizations, and developing resilient leadership. Their award-winning portfolio of AI powered simulations covers 100+ competencies and cutting-edge talent intelligence for managerial, leadership, business and future skills. These offerings have been adopted by over 400 leading global organizations across 75 countries. Their solutions include experiential learning courses on a wide variety of subjects including critical thinking, emotional intelligence, agile ways of working, design thinking, digital leadership, digital selling, data-based decision making, influencing skills, and design leadership among others. KNOLSKAPE’s omni-channel delivery platform also offers targeted learning journeys, gamified assessments and coaching.

NIIT’s Managed Training Services approach enables L&D teams to streamline and centralize the delivery and facilitation of leadership, professional and digital skills with reduced costs, freeing teams from the fragmented and ad hoc model of vendor management, planning, scheduling, and delivery.

“We are excited to join hands with NIIT to bring the power of experiential learning to global organizations. This collaboration is another step towards realizing KNOLSKAPE’s mission of helping organizations and leaders become future ready. With this partnership, customers will get access to world-class immersive learning products and platforms from KNOLSKAPE and in-depth expertise from NIIT when it comes to solutioning, delivery and consulting. This joint value proposition will tremendously help organizations navigate the new world of work”, said Rajiv Jayaraman, Founder, and CEO at KNOLSKAPE Solutions.