Simplilearn trains its sights on boot camps
Business Standard|November 29, 2022
Indian edtech major gears up to compete with global majors in the space
ANJULI BHARGAVA
Simplilearn trains its sights on boot camps

Companies spend millions and even billions of dollars building brands. Vuitton not only spends money like water, but plenty of sweat and tears also go into ensuring high consumer recall. This often makes or breaks businesses.

How, then, did a relatively unknown Indian brand such as Bengaluru-headquartered Simplilearn get learners in geographies where it is practically unknown without spending billions on brand building? The simple answer is the strategy that the two founders, Krishna Kumar and Kashyap Dalal, followed more recently: piggy-backing on mighty brand names in their own right. So, the company's digital boot camps its bread and butter-are on offer and being lapped up by learners at premier institutions in the US like MIT, Caltech, Purdue and Wharton, and a bunch of companies including IBM, Microsoft in the corporate space to overcome the brand hurdle.

In India, too, the company is partnering with equally well-known universities that include the IITs.

"The technology team, product, and admission counsellors are all based in India but the programmes are being offered in the US so this works out to be quite cost effective," explains Kumar, one of the founders of Simplilearn. By partnering with the "biggies" in the business, Simplilearn has been able to pretty successfully overcome the biggest challenge in growing its boot camps in the US.

Many in the edtech sector argue that Indian companies with their global ambitions and footprint are often better placed than some of the bigger American names who are in the same space but operate mainly through e-learning without instructors and problem-solving assistance.

While the instructor-led courses may cost the learner more than recorded videos and lectures, many feel these provide far better learning and outcomes in the job market.

This story is from the November 29, 2022 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the November 29, 2022 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

FY24 credit card spends rose 27%

Increased to ₹18.26 trillion from nearly ₹14 trillion a year ago

time-read
1 min  |
April 25, 2024
Business Standard

DCB Bank Q4 profit rises 9%

Private lender DCB Bank's net profit rose by 9 per cent year-on-year (Y-o-Y) to 156 crore for the quarter ended March (Q4FY24) on the back of a modest rise in net interest income (NII) and a decline in provisions.

time-read
1 min  |
April 25, 2024
Axis Bank back in black with ₹7,129 cr Q4 profit
Business Standard

Axis Bank back in black with ₹7,129 cr Q4 profit

NII grew 11% to ₹13,089 cr, while fee income grew by 23% to ₹5,637 cr

time-read
1 min  |
April 25, 2024
Business Standard

Growth businesses hold the key for Tata Consumer

Tata Consumer Products reported Q4 results which were more or less in line with analyst consensus but disappointed the market.

time-read
2 mins  |
April 25, 2024
Financialisation of savings drives up demat a/cs in Ladakh
Business Standard

Financialisation of savings drives up demat a/cs in Ladakh

Mizoram & Lakshadweep also see spike in demat account registrations

time-read
2 mins  |
April 25, 2024
Business Standard

KRAS: Over 73% of KYC records are validated

Know-your-customer (KYC) registration agencies said on Wednesday that 73 per cent of the 108.3 million KYC records were validated as of March 31, 2024, and that the system was in place for the rest of the investors to validate their KYC.

time-read
1 min  |
April 25, 2024
Business Standard

Proxy advisory firms give TaMo DVR conversion plan the thumbs up

Move, they say, will simplify capital structure and eliminate price discount

time-read
2 mins  |
April 25, 2024
Business Standard

Call for caution on micro, small, midcap stocks amid sharp run-up

Shares of smallcap companies continued their upward march from the March 2024 lows, with the S&P BSE Smallcap index hitting a new high of ₹46,958.21 on Wednesday in intraday trade.

time-read
2 mins  |
April 25, 2024
Calcutta HC's SSC order heats up the election classroom
Business Standard

Calcutta HC's SSC order heats up the election classroom

Political analysts believe cancelling of 25,753 appointments will have serious ramifications

time-read
2 mins  |
April 25, 2024
Wanted: An executive to repair Boeing
Business Standard

Wanted: An executive to repair Boeing

When Boeing named Stephanie Pope to the new position of chief operating officer in December, the move was widely viewed as a sign that she might succeed the company's chief executive, Dave Calhoun, in the next few years.

time-read
2 mins  |
April 25, 2024