IT major HCL has acquired a majority stake in vernacular education tech platform GUVI. Financial details were not disclosed.
The IIT Madras and CIIE (IIM Ahmedabad) incubated startup offers technical courses such as web development, AI module, SQL and various other courses created by industry experts in vernacular languages.
“Through this investment, the aim is to address the critical technical skill-gap across enterprises,” said Shikhar Malhotra, Director – HCL Corporation.
Arun Prakash M, Sridevi M and SP Balamurugan are the founders of GUVI. GUVI provides tailor-made courses for learners, universities and employers. GUVI offers computer programming courses in Hindi, Telugu, Malayalam, Tamil, English and Arabic.
“We believe 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,” said Prakash, Co-Founder and CEO of GUVI.
To date, GUVI has upskilled more than 1.7 million students and professionals in the latest technology skills and helped them gain placement across sectors.