NIIT Limited has acquired a 70% stake in iamneo, enhancing its capabilities in the digital skilling market amidst a 2% increase in year-over-year revenue.

Target Information

NIIT Limited (Ticker Symbol: NIITLTD), a prominent corporation in the skills and talent development sector, announced a notable acquisition of a 70% stake in iamneo, an AI-driven deep skilling SaaS platform based in Coimbatore. This strategic move is set to significantly enhance NIIT's capacity to deliver advanced digital learning solutions that are adaptable and scalable. The remaining 30% of the shares will be acquired over time, contingent upon the achievement of certain financial benchmarks.

During the quarter ending June 30, 2025, NIIT reported consolidated net revenues of Rs. 841 million, reflecting a 2% year-over-year increase. Despite challenges in the BFSI & Other sectors, the enterprise business and technology programs showed resilience with a 7% growth year-over-year. The addition of iamneo to NIIT's portfolio marks a pivotal step in bolstering its offerings in the burgeoning digital skill market.

Industry Overview

The Indian skills and talent development industry is witnessing significant growth driven by the acceleration of Digital Transformation across various sectors. With the advent of advanced technologies, there has been an increasing demand for qua