NIIT Limited acquires Bangalore-based EdTech start-up Perceptron Learning Solutions to enhance its digital learning capabilities and strengthen its position in the education technology market.

Target Information

NIIT Limited, a global leader in skills and talent development, has recently acquired Bangalore-based Perceptron Learning Solutions Private Limited, a notable EdTech start-up founded in 2014. This acquisition marks NIIT's strategic move to enhance its digital learning capabilities by integrating Perceptron's innovative learning platform, 'Ilimi'. The Ilimi platform utilizes advanced technologies including semantic computing and predictive analytics to provide an immersive and learner-centric educational experience.

The incorporation of Perceptron's next-generation technology into NIIT's existing offerings will strengthen its position in the digital learning landscape and complement its initiatives such as StackRoute, digiNxt, and Training.com. The acquisition is also expected to enhance NIIT's talent pool, particularly in technological areas, by leveraging the expertise of Perceptron's engineering team.

Industry Overview in India

The EdTech industry in India has witnessed rapid growth in recent years, driven by increasing internet penetration, mobile device usage, and a rising demand for quality education. As of 2023, the market is valued at approximately $