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Simplilearn Acquires New York based Fullstack Academy, Aims to Achieve $200mn in Revenue by FY24 

Blackstone-backed edtech major Simplilearn announced its 100% acquisition of Fullstack Academy, a trailblazer in tech education in the United States

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  • The acquisition accelerates Simplilearn’s growth in the United States, with access to over 20 new university and government partnerships across the country 
  • Fullstack Academy has over 300 employees spread across the US and is on track to deliver over USD 30M in revenue this year  

Simplilearnthe world’s leading online bootcamp for digital skilling training, announced that it has acquired a U.S.-based bootcamp education company, Fullstack Academy, for an all-cash transaction. This will be the company’s second acquisition after Market Motive in 2015. Simplilearn has grown exponentially by over 60% in the past year and this complementary acquisition will accelerate Simplilearn’s journey to become the largest digital skilling company globally. The news of the Fullstack Academy acquisition comes right after the latest funding by the GSV led consortium. The acquisition will enhance Simplilearn’s scale and presence in the bootcamp space and drive revenue growth to $200mn by FY24, of which 70 percent is likely to come from global markets.

Fullstack Academy is a premium bootcamp provider that has expanded its offerings, introducing new bootcamp programs in Web Development, Cybersecurity, Product Management, DevOps, Data Analytics, and other disciplines. Over the years, the company has built strong partnerships with twenty university and industry partners, growing to over 7,000 alumni across the U.S. It also runs the highly successful Grace Hopper Program with an aim to encourage women and nonbinary students to pursue tech careers.

Fullstack’s existing partnerships across 15 states provides Simplilearn access to new university partnerships that will expedite Simplilearn’s growth in the region. Simplilearn credits Fullstack Academy’s established reputation for quality outcomes, positive student feedback, trusted partnerships, and talented employee base, as the primary factors behind its acquisition of the tech bootcamp provider. Following the sale, all Fullstack Academy employees will remain in their roles as part of the combined organization, bringing Simplilearn’s total employee count to over 2,500. Fullstack Academy will continue to serve its students and partners as an independent business unit within Simplilearn. 

Sharing details on the acquisition, Mr. Krishna Kumar, Founder, and CEO, of Simplilearn, said,
Bootcamps have been an extremely popular concept in the Edtech industry, and there is no denying that learners are looking for the holistic learning experience that bootcamps offer. Through Fullstack Academy’s wide-spread footprint in the U.S. and its strong partnerships with top universities, we are confident that this collaboration will enable us to accelerate our global expansion plans. It is amazing to find a business whose vision is similar to ours and complements our pedagogy and belief system. We are certain we will be able to leverage each other’s capabilities synergisitically to build a strong company.” 

“This acquisition marks an exciting opportunity for our organization,” said Jerrad Tausz, CEO of Fullstack Academy. “Simplilearn is the world’s No. 1 online digital bootcamp. Together, we share an aligned mission of transforming lives by helping students from all backgrounds and skill sets learn the technical skills needed to secure in-demand jobs. We are very confident in the future success of our organization and excited about what the change of ownership will bring to all staff, students, partners, and alumni. I look forward to leveraging our shared vision with Simplilearn to bridge the digital skills gap in the U.S. market.” 

Recently, Fullstack Academy was designated an AWS Authorized Training Partner, enabling the delivery of official AWS Training and Certification in high-demand skills areas such as cloud computing. It was selected to join the 2023 Amazon Career Choice program, offering bootcamp programs to eligible Amazon employees across more than 30 metropolitan areas. Additionally, Fullstack Academy was selected by LinkedIn Talent Solutions as the winner of its 2021 LinkedIn Talent Awards for Best Acquisition Team in the Education category. 

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NMIMS SBM Offers MBA (Part-Time) Program for Working Executives

The program focuses on providing a holistic education to enhance their employability

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Start your professional learning journey now with the best-in-class MBA (Part-Time) program with the most sought-after prestigious NMIMS, School of Business Management, featured in the top 100 global B-schools as per Financial Times MiM 2022 ranking. A highly respected business school in India with a legacy of 41 years and a prestigious faculty announces admissions open for their MBA (Part-Time) program at their Mumbai campus.

This program offers an opportunity for working executives to acquire a high-end compact management qualification through rigorous and qualitative in-class learning and practical exposure to industry expertise. The program focuses on providing a holistic education to enhance their employability, exposing working executives to contemporary trends and practices in management. It also provides excellent academic resources coupled with industry best practices to boost the managerial competence of executives.

NMIMS SBM MBA (Part-Time) is accredited by Advance Collegiate Schools of Business (AACSB) for working executives who want to enhance their skills and advance their careers. NMIMS has world-class pedagogy to provide students with a comprehensive and engaging learning experience. NMIMS SBM has a team of experts with extensive experience in the business world. The program structure is upto 40% hybrid and 60% in the classroom, whereas Bloomberg Certification Program will help students use financial analysis tools more efficiently. 

“The program is specifically meant for executives who have spent quality time in the industry and have adequate exposure to managerial roles and responsibilities. The two-year MBA (Part-Time) program will offer an opportunity for participants to hone their managerial skills and enable them to contribute better to their decision-making. It has been designed to empower students with a well-planned schedule that allows for a balance between study and work,” said Dr. Prashant Mishra, Dean School of Business Management.

Dr. Pradeep Pai, Program Chairperson, MBA (Part-Time), School of Business Management, said, “NMIMS SBM is proud to offer this innovative program to working professionals who wish to take the next step in their careers. We believe that this program will be a preferred executive education program for working professionals seeking to upgrade their qualifications by acquiring a widely acclaimed MBA degree.”

The MBA (Part-Time) program goes beyond traditional education by providing learners value-added workshops and industry connections. Our curriculum is regularly updated to ensure students receive the most current knowledge. The program helps them gain a practical and theoretical understanding of the industry and creates a network of professionals for them as they progress.

Eligibility Criteria:

  • 50% in Graduation from a recognized University in any discipline. (Distance/Part time/Full time)
  • Minimum 3 years of work experience in an executive or supervisory capacity or self-employed after graduation & up to the date of written test/personal interview.
  • The work experience should be full-time experience and should NOT include internships, projects, training periods, trainee (management, engineering), etc.

Selection Process:

Written Test conducted for MBA (Part-Time) by NMIMS OR Candidates with GMAT score of 600 and above (GMAT score of last 5 years up to the closure of registrations will be considered) OR Candidates with a score of 200 and above in NMAT by GMAC examinations for 2020 admission AND Personal Interview

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eSecForte visited Northeast to strengthen Industry-Academia Interface for Achieving Effective Cybersecurity Prospects  

The team also visited the Indian Institute of Information Technology (IIIT), Manipur and interacted with students on the topic of Digital Forensics Challenges and career options

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In an effort to create a holistic ecosystem for cybersecurity in the country, the team from eSecForte led by Lt Col (Dr.) Santosh Khadsare  (Retd), VP Digital Forensics  & Incident Response  visited the National Institute of Electronics and Information Technology (NEILT), Kohima and held discussions with the director of the institute, L. Lanuwabang. The deliberations were focused on enlarging the gambit of cybersecurity especially digital forensics in the country and how eSecForte and NEILT can come together to contribute effectively in this regard. 

The team also visited the Indian Institute of Information Technology (IIIT), Manipur and interacted with students on the topic of Digital Forensics Challenges and career options. The discussion entailed how the use of digital forensics can prove instrumental in bringing the perpetrators of cybercrimes to the book. The various challenges related to the implementation of tools and methodologies of digital forensics were also part of the very constructive dialogue that was held between our team and enthusiastic students. 

The team lead had a very fruitful discussion with Dr Krishnan Bhaskar, Director, IIIT, Imphal and discussed how the Industry-Academia interface can do wonders in the field of cybersecurity and digital forensics. Specifically, detailed deliberations were held on devising exchange mechanisms and collaborative opportunities so that industry and academics can come together and lead to the creation of a self-sustainable ecosystem in the field of cybersecurity. Such development will ensure that cases related to the cybercrimes are dealt swiftly and lead to desired outcomes in terms of ensuring justice and well-being for all participating stakeholders. 

In the next leg of the reaching out journey, eSecForte’s team paid a visit to the National Forensic Science University (NFSU), Imphal campus and exchanged ideas with the campus coordinator on the latest trends and developments in the field of digital forensics. Apprising the importance of digital forensics to investigating officers, Lt Col (Dr.) Santosh Khadsare  (Retd), VP DFIR interacted with more than 400 trainees of the North Eastern Police Academy (NEPA), Shillong. These aspirants were thoroughly apprised of the importance of digital forensics and its utility in cracking cases related to cyberfrauds, cyberbullying, and other allied crimes associated with cyberspace. Case studies were discussed on how to handle digital evidence at the crime scenes with utmost care so that trace evidence won’t get lost in the logistical procedures and processes. The team showcased flagship products of eSecForte, Digital Forensic workstations and Faraday bags and informed them of the utility of these offerings built under India’s ambitious MAKE IN INDIA (MII) project. 

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Roots Collegium signs World Chess Champion Koneru Humpy as Brand Ambassador

Chairman, Sri. B.P.Padala announces Koneru Humpy as the Brand Ambassador of Roots Collegium educational institutions

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  • Humpy will be the face of its upcoming brand-related undertakings

Celebrating its 30 years’ legacy in imparting holistic education, Roots Collegium, a well-known educational institution in Hyderabad has today announced World Chess Champion Koneru Humpy as its Brand Ambassador. The appointment of Ms. Koneru Humpy is set to boost the brand image of Roots Collegium amplifying the institution’s philosophy in making its students achieve global exposure.

With the signing up of world chess champion Koneru Humpy as its Brand Ambassador, Roots Collegium will be exploring untapped areas of new-age innovations and add them to its list of achievements in the last 30 years. The fast expanding Roots Collegium, started in 1991, offers intermediate courses and almost all the streams of Bachelor’s degrees. Roots collegium is providing a wide range of courses like BBA, BBA (Business Analytics, B.Com (General, computers, sales), BA (Mass Communication, Psychology, and modern languages), and B.Sc. (Data Analysis). The college provides a variety of courses in design, film and media, visual arts, hotel management, culinary arts, and also many other certificate courses.

Reacting to her appointment, Koneru Humpy said “It is my pleasure to be the brand ambassador of Roots Collegium. I thank Sri. BP Padala gaaru for the honour. Roots Collegium as an institution has been offering the best educational facilities for its students for the last 30 years. Roots and I share a similar journey as we both have started our journey’s 30 years back. We both have same passion, integrity and ethics. That’s the special part about Roots Collegium, to which I instantly related to. And now we are ready to travel together.  As an ambassador, I look forward to contributing my committed services to the college and helping them grow in stature. I will take part in each and every event of the college and would like to share my thoughts and way-forward ideas in all its initiatives. Once again I want to thank all the staff and management for choosing me as a brand ambassador.”

Koneru Humpy is the FIDE Women’s rapid chess champion of 2019. She became the youngest woman to achieve the title of a Grandmaster back in 2002 at the age of 15. Her association will be an added feather to the cap of Roots Collegium’s growing achievements and a historic moment in its journey. 

The Chairman of Roots Collegium, Sri. B P Padala said “It’s our honour to have such a young and dynamic chess champion, Koneru Humpy as our brand ambassador. I wish the students of Roots Collegium will be motivated by such an inspiring champion who has come across a lot to be in this position today. I have no doubt that with her determination and strong belief, she become a world champion. I hope every student will inculcate the habit of not giving up and fighting for what they want, from her. She will be a role model for each and every student of our institution. I thank Koneru Humpy for accepting this position and people like her will definitely help bring change in society.”

The students of Roots Collegium from different places in Hyderabad city are excited and look forward to listen to the life-changing stories from Koneru Humpy in the future. 

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