About NIIT
NIIT is a company based in Gurugram (India) founded in 1981 by Rajendra Singh Pawar and Vijay K Thadani was acquired by St. Charles in November 2022.. NIIT has completed 14 acquisitions, including Cognitive Arts, Eagle Productivity and Element K. NIIT operates in a competitive market with competitors including Centum Learning, Harvest Success Academy, Image Consulting Institute, Seven Group of Companies and Aptech Aviation Academy, among others.
- Headquarter Gurugram, India
- Founders Rajendra Singh Pawar, Vijay K Thadani
- Stage Public
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Niit Learning Systems Ltd
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Annual Revenue
$41.82 M (USD)17.83as on Mar 31, 2024
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Net Profit
$5.39 M (USD)20.24as on Mar 31, 2024
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EBITDA
$488.79 K (USD)60.98as on Mar 31, 2024
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Latest Funding Round
$90.58 K (USD), Grant
Oct 15, 2016
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cognitive Arts
& 13 more
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Acquired by
St. Charles
(Nov 05, 2022)
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IPO & Listings of NIIT
NIIT is a publicly listed company on the NSE with ticker symbol NIITMTS in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
46 people
Senior Team
18 people
Leadership Team
16 people
Human Resources and Administration
14 people
Associate Team
11 people
Product Management Team
11 people
Assistant Team
10 people
Creative and Marketing Team
9 people
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Funding Insights of NIIT
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $90,582
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First Round
First Round
(15 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Grant - NIIT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NIIT
NIIT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and St. Charles. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Provider of business strategy and diversified consulting services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NIIT
NIIT has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Cognitive Arts, Eagle Productivity and Element K. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-driven solutions for school management and education are provided.
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2016 | ||||
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Online course platform for IT courses
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2014 | ||||
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Center of education providing event management courses
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NIIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Niit Comparisons
Competitors of NIIT
NIIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Centum Learning, Harvest Success Academy, Image Consulting Institute, Seven Group of Companies and Aptech Aviation Academy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
End-to-end training and skill development solutions are delivered.
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| domain | founded_year | HQ Location |
Operates a chain of professional training centers for skill development and education.
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| domain | founded_year | HQ Location |
Vocational training in image consulting and styling is provided.
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| domain | founded_year | HQ Location |
Offers HR, education, IT, digital, sales, finance, and legal services in India.
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| domain | founded_year | HQ Location |
Provides training for careers in aviation, hospitality, tourism, retail, and event management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Niit
Frequently Asked Questions about NIIT
When was NIIT founded?
NIIT was founded in 1981 and raised its 1st funding round 35 years after it was founded.
Where is NIIT located?
NIIT is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of NIIT?
Sapnesh Lalla is the current CEO of NIIT.
What is the annual revenue of NIIT?
Annual revenue of NIIT is $41.82M as on Mar 31, 2024.
What does NIIT do?
NIIT was founded in 1981 and is headquartered in Gurugram, India, operating in the education and training sector. Services are extended to enterprises through advisory, business training, and content development. For schools, teacher and student development programs are offered, along with school learning solutions. Training is also delivered to individuals and institutions across various domains.
Who are the top competitors of NIIT?
NIIT's top competitors include Centum Learning, Image Consulting Institute and Seven Group of Companies.
Is NIIT publicly traded?
Yes, NIIT is publicly traded on NSE under the ticker symbol NIITMTS.
How many acquisitions has NIIT made?
NIIT has made 14 acquisitions, including Cognitive Arts, Eagle Productivity, and Element K.
Who are NIIT's investors?
NIIT has 2 investors. Key investors include European Union, and St. Charles.
What is NIIT's ticker symbol?
The ticker symbol of NIIT is NIITMTS on NSE.
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