HCL Group acquires majority stake in GUVI

HCL Group has acquired a majority stake in vernacular edtech platform GUVI in an undisclosed amount. With this investment, HCL aims to create skilled tech professionals in India and abroad. GUVI will focus on creating a demography-agnostic ecosystem that will allow all deserving individuals to acquire technological skills.

HCL Corporation Director and Shiv Nadar Foundation Trustee, Shikhar Malhotra said, “HCL believes in the philosophy of multiplying the potential of not just individuals but communities at large. In line with the same belief, we are delighted to associate with GUVI to ensure that technology aspirants have ease-of-access to learning and upskilling via holistic courses in the native language. Through this investment, the aim is to address the critical technical skill-gap across enterprises.”

GUVI is an IIT Madras and IIM Ahmedabad incubated company that offers technical courses such as Web Development, AI module, SQL, and various other courses created by industry experts in vernacular languages. It provides tailor-made courses for learners, universities and employers. GUVI has upskilled more than 1.7 million students and professionals till date and helped them gain placement across sectors.

GUVI Co-Founder and CEO Arun Prakash said, “We are excited to join hands with HCL and believe that this association will be a game-changer for the EdTech space servicing audiences in their mother tongue. Also, leveraging HCL's global network, we are looking forward to empowering a large pool of professionals.”