UNIVO Education, a web-based greater schooling firm which is enabling universities to supply on-line levels to learners, is planning to have additions to the listing of international collaborations by way of its strategic accomplice AVENU Learning, with establishments just like the University of San Diego, Saint Leo University, and Southern New Hampshire University within the United States and Victoria University from Australia, CEO Siddharth Banerjee stated in a press release.
Additionally, the corporate plans to allow many extra strategic partnerships with Universities and {industry} companions like HCL Tech and TCSion to supply industry-aligned curriculum with hands-on coaching to make sure job-ready graduates, he added.
Currently, UNIVO has partnerships with Amity University Online, Birla Institute of Management and Technology, and the Kalasalingam Academy of Research and Education in India amongst others. It additionally has plans for a “significant” workforce growth, the CEO stated.
“This mission aligns strongly with the larger nation building imperative to increase India’s GER (Gross Enrolment Ratio) from 27% currently to 50% by 2035,” Mr. Banerjee stated.
In FY24, the corporate reached a income of ₹150 crore and noticed learner rely tripling year-over-year, reaching a complete enrolment of over 90,000 college students until date. The firm’s workforce has additionally elevated to over 1,200 staff to assist the expansion.
Last 12 months, UNIVO inaugurated its second workplace in Bengaluru to ramp up know-how and gross sales operations.
In 2022, the corporate secured a Series A funding of $76 million and entered right into a long-term partnership by way of a strategic and monetary funding by U.S.-based AVENU Learning, one of many largest on-line greater schooling establishments.
“The strategic partnership with AVENU is aimed at helping UNIVO in expanding university relationships and introducing international degrees for Indian learners,” the CEO stated.
