ANI PR Wire
17 Nov 2023, 00:09 GMT+10
PNN
New Delhi [India], November 16: In a world propelled by innovation, leadership, and entrepreneurial spirit, acknowledging the trailblazers who shape success in business is paramount. The ET Inspiring Leaders Awards 2023, scheduled for November 8, 2023, at Hotel The Grand, New Delhi, is set to honor and recognize leaders making remarkable contributions across sectors. Among the honorees are Ravi Kaklasaria and Mrinal Bagaria, Co-Founders of edForce, who were felicitated by the esteemed Bollywood Actress Jacqueline Fernandez and the distinguished Manjinder Singh Sirsa, National Secretary of BJP & Senior Leader.
After the felicitation, Ravi & Mrinal expressed, "We are deeply honored to receive this prestigious award, which reflects not just our journey but the collective efforts of the entire edForce team and our valued partners. A heartfelt thank you to our incredible team, valued clients, vendors, investors, and everyone who has contributed to this remarkable achievement."
edForce, headquartered in Bengaluru, stands as the premier Workforce Upskilling Accelerator, catering to enterprises of all sizes with comprehensive learning solutions. Trusted by industry leaders such as Infosys, Walmart, Siemens, Sony, Microsoft, and more, edForce delivers high-quality learning experiences in areas like cloud computing, agile, cybersecurity, project management, and IT service management.
The narrative of edForce unfolds with an extraordinary 500% growth, solidifying its position as the fastest-growing EdTech startup in the country. From an Oct-Dec 2022 Annual Revenue Rate of INR 5.3 Cr to an astounding INR 27.4 Cr in the corresponding period of 2023, the startup's meteoric rise speaks volumes about its commitment to reshaping the landscape of workforce upskilling.
What sets edForce apart is not just its financial prowess, but also its client-centric approach. With a clientele surpassing 500 enterprises, edForce's annual revenues are projected to breach the INR 100 Cr mark in FY25, a testament to its ambition and unwavering dedication.
As the narrative weaves further, edForce's success story unfolds against the backdrop of a changing landscape in eLearning within the Indian IT industry. With over 1,400 courses and a cadre of 2,300 trainers, the startup has facilitated more than 15,000 deliveries. What's striking is that 75% of these deliveries are conducted through live online sessions, e-learning modules, or hybrid models, showcasing edForce's adaptability to evolving learning preferences.
The global shift towards remote working has played a pivotal role in this transformation, and edForce stands at the forefront of this revolution. Presently, 90% of revenues come from India, but with ambitious plans to diversify into the USA, Australia, UK, Singapore, and Dubai, edForce aims to secure over 50% of its revenue from international business by 2025.
Yet, edForce's journey is not just about numbers and financial milestones. It's about the impact it's making in the lives of Indian IT professionals, providing them with the tools and knowledge to navigate the complexities of new-age technologies. With a focus on ChatGPT, GenAI, and Automation, edForce is not merely keeping pace with the digital transformation; it's actively shaping the trajectory of the Indian IT industry.
In a landscape traditionally dominated by established players, edForce's rise is nothing short of a story that inspires. It's a tale of innovation, dedication, and a forward-thinking approach that sets a new standard for what can be achieved in the realm of workforce upskilling. As the pages of edForce's story continue to turn, the startup remains poised to script new chapters in the ever-evolving narrative of EdTech in India.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Get a daily dose of Myanmar Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Myanmar Sun.
More InformationDHAKA, Bangladesh - According to Foreign Minister Dr. AK Abdul Momen, Bangladesh and the United States believe in democracy and ...
NEW DELHI, India: On November 24, the Economic Times (ET) reported that Tesla is ready to invest up to $2 ...
Naypyitaw, Myanmar - The Tatmadaw, Myanmar's military, showcased its prowess at the 31st ASEAN Armies Rifle Meet (AARM) held in ...
DHAKA, Bangladesh - The next general election may be rescheduled if the BNP wishes to participate, according to Chief Election ...
KATHMANDU, Nepal - The government has announced plans to hold the Third Investment Summit in Kathmandu on April 21-22 next ...
ISLAMABAD, Pakistan - Anwaar-ul-Haq Kakar, the caretaker prime minister, arrived in Abu Dhabi on Sunday for an official visit to ...
COLUMBUS, Ohio: To stop the spread of bird flu, more than 1.3 million chickens will be killed on Ohio's Union ...
In a devastating turn of events, Israel's war on Gaza, sparked by Hamas's unprecedented attacks on October 7, has resulted ...
BATON ROUGE, Louisiana: In a Louisiana election where more than 43,000 people cast their ballots, a candidate for parish sheriff ...
LIVINGSTON, Kentucky: This week, railroad operator CSX said a train derailment involving 16 cars, two of which spilled molten sulfur ...
Fifty-seven journalists have been killed as of Saturday as a result of Israel's war on Gaza, which has extended to ...
TEL AVIV, Israel - Following Taoiseach Leo Varadkar's statement on Emily Hand's release, Israel's foreign minister says he summoned the ...