According to the press release, the goal of the EdTech Growth Summit is to help India’s potential EdTech start-ups grow and provide value for their stakeholders.
According to a press release, the (NIIT) National Institute of Information Technology has announced the second EdTech Growth Summit, which will take place virtually on March 14, 2023, to foster innovation and economic growth in the education sector.
The event Growthcamp, which will take place at the NIIT University in Neemrana from 5th April to 7th, 2023, will give participating start-ups the chance to present their business strategies to the NIIT Group and investors.
According to the press release, the goal of the EdTech Growth Summit is to help India’s potential EdTech start-ups grow and provide value for their stakeholders. The summit’s sessions will be led by some of India’s best EdTech innovators, investors, and industry professionals, it was said.
Additionally, the first Edtech Growth Programme in 2022 was successful, according to a press release. Start-ups received Microsoft Founders’ Hub benefits worth up to Rs. 1.6 crore; founders benefited from mentorship from industry veterans and peer interactions.
According to the press release, NIIT has also announced three investments in the past 18 months, including the purchase of St. Charles Consulting Group in the United States, the purchase of a 90% stake in RPS Consulting in India through two tranches, and a development investment in Knolskape Solutions in Singapore.
The summit intends to unite the industry’s top thinkers and offer a forum for discussion on how technology will affect the way that people learn and develop their abilities in the future. The chairman and co-founder of the NIIT Group, Rajendra S. Pawar, said, “We remain committed to assisting the educational and upskilling ecosystem in the nation and are optimistic that this summit will help to foster a more inventive atmosphere in the field.
With a solid balance sheet, NIIT keeps an eye out for chances to invest in cutting-edge businesses to create considerable value for its partners, consumers, and stakeholders. In the past 18 months, NIIT has declared three investments, including the purchase of the St. Charles Consulting Group in the USA, the purchase of a 90% ownership in RPS Consulting in India over two tranches, and a growth investment in Knolskape Solutions in Singapore.
Based on the Four Core Concepts that make Technology- based, learning Industry-linked, Research-driven, and Seamless, NIIT University is conceptualized as an institution of excellence and offers a great education. Through its emphasis on creating solid industry links and research-oriented strategy, NU is well-positioned to satisfy the rising needs of the understanding economy.
Shares of NIIT Limited were last trading at Rs. 357.05 on the BSE, down from Rs. 358.95 at the previous close. 74668 shares were moved in total throughout the day across more than 1602 deals.
The stock’s intraday high and low were 359.15 and 350.25 respectively. The day’s net revenue was Rs. 26470797.00.