TalentSprint unveils its chennai version

Updated on: Tuesday, March 08, 2011

TalentSprint, an emerging professional skills development for knowledge sectors such as IT and BFSI, has received a strategic investment from the National Skill Development Corporation (NSDC), a public private partnership company set up under the aegis of Ministry of Finance.

Which was announced at the launch of TalentSprint’s Advanced Learning Center in Chennai in the presence of M.V. Subbiah, Chairman of National Skill Development Corporation, and N. Ram, Editor-in-Chief, The Hindu.

TalentSprint has successfully trainied over 1,200 unemployed college graduates in technology, domain and business communications enabling them to get their first job at salaries ranging from '1.5 to 3.2' lacs per annum. Leveraging its deep industry relationships, the company has built a strong partnership base of over 40 companies.
TalentSprint has also started its first Remote Learning Center in Anantapur, Andhra Pradesh to serve the cause of social inclusion, where trainees from rural backgrounds take part in its flagship Software Testing Foundation Program through a virtual classroom.

Speaking on the occasion, Dr. Santanu Paul, CEO and Managing Director, TalentSprint, said “We are delighted to work with NSDC as a strategic investor and partner in our professional skill development mission. This is a significant milestone for our young firm and reflects favorably on the creativity and commitment of our team. Under this agreement, NSDC will take a 6% stake in TalentSprint and extend a ` 10 crore loan facility that will allow us to skill 500,000 professionals over the next 10 years, throughthe innovative deployment of technology, digital content and experiential learning methods. It will allow us to take our offerings to semi-urban and rural youth, giving them access to well-paying jobs in growth sectors of the Indian economy such as IT and BFSI, both of which are starved for good talent.�

TalentSprint has world class learning facilities in Hyderabad, Chennai and Anantapur, with a capacity to train over 3,000 trainees per year. More information on programs and employability can be obtained at www.talentsprint.com.

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