NIIT Announces Strategic Investment in KNOLSKAPE, a Leading Experiential Learning Platform

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NIIT Limited, a world expertise growth company and main supplier of managed coaching providers has signed a definitive settlement to speculate progress capital in KNOLSKAPE Solutions PTE.LTD, a main Experiential Learning Platform firm. Under the settlement, NIIT would make investments USD 2 million in compulsorily convertible choice shares to be issued by KNOLSKAPE. The funds are a part of the whole spherical of USD 4 million in contemporary funds raised by KNOLSKAPE to increase its direct gross sales in world markets.
 
The funding is a key initiative in NIIT’s endeavor to continually carry extra worth to prospects with a concentrate on expertise transformation and office abilities. In an more and more hybrid work surroundings, KNOLSKAPE’s expansive platform and portfolio of rigorously crafted, immersive simulations coupled with NIIT’s managed providers method will assist organizations put together 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 supply platform additionally presents focused studying journeys, gamified assessments and training.
 

NIIT’s Managed Training Services method allows L&D groups to streamline and centralize the supply and facilitation of management, skilled and digital abilities with lowered prices, releasing groups from the fragmented and advert hoc mannequin of vendor administration, planning, scheduling, and supply.
 
“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,” stated Rajiv Jayaraman, Founder, and CEO at KNOLSKAPE Solutions.
 
“As our prospects remodel their companies into digital-first enterprises, expertise transformation and the Future of Work are in the highlight. KNOLSKAPE ’s experiential studying platform and choices in management, skilled and digital abilities will strengthen NIIT’s Managed Training Services providing for management and office abilities. Our objective is to allow our prospects to construct expertise pipelines that won’t solely ship on present talent wants but additionally assist the dynamic calls for of the long run,” stated Sailesh Lalla, Chief Business Officer at NIIT Limited.