Accenture buys deep tech education company TalentSprint

Accenture has bought TalentSprint, the deep tech education business of NSE Academy Ltd, which is a fully-owned subsidiary of National Stock Exchange of India Limited.

TalentSprint provides education programmes for nascent and employed professionals in collaboration with educational institutions and enterprise technology vendors.

"The acquisition will enhance Accenture LearnVantage's capacity to accelerate growth through significant university certifications and high-impact bootcamps, building trained talent pools for businesses and governments," Accenture stated. 

Since the last 15 years, the organization has established partnerships with educational institutions, namely the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), International Institutes of Information Technology (IIITs) and leading research institutions globally.

Based in Hyderabad and having offices in Sunnyvale (California), TalentSprint's staff of around 210 professionals will become part of Accenture LearnVantage. 

"This will enhance LearnVantage's capabilities to assist organisations in transforming their workforce through upskilling, reskilling and equipping them for an AI-driven world," the statement added.

TalentSprint offers its programs using bootcamps, certifications and e-degrees to students at various stages of their careers to develop proficiency in emerging technologies and new-age management fields. These programs comprise AI, data science, cybersecurity, chip design, semiconductor technologies, digital transformation, sustainability, leadership and other management areas.

"TalentSprint's end-to-end delivery strengths in targeted learning programs offer a competitive value proposition for learners and businesses, aligning perfectly with our growth LearnVantage business," said Accenture LearnVantage's global lead Kishore Durg. "The TalentSprint acquisition further enhances our capacity to address our clients' need for training so that their people can acquire the critical technology skills in new domains necessary to transform their businesses and drive more business value."

"We believe there is huge potential to collaborate with these organizations to create a pool of deployable talent with expertise in new technologies," said Saurabh Kumar Sahu, Accenture's India business leader.

Accenture has recently invested in Udacity and Award Solutions. "This builds on the company's $1 billion investment in LearnVantage over three years, announced early in 2024," the statement added.

This deal reflects NSE's strategic emphasis on its core business while exiting non-core business segments. This acquisition is a reflection of the high quality and potential of the business that NSE has developed over the years," said Ashishkumar Chauhan, MD & CEO, NSE.