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NIIT Limited is an Indian
for-profit Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessari ...
multinational corporation A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and cont ...
headquartered in
Gurgaon, India Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest o ...
, that provides
training Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance. I ...
, development, and
vocational education Vocational education is education that prepares people for a skilled craft. Vocational education can also be seen as that type of education given to an individual to prepare that individual to be gainfully employed or self employed with req ...
. The company was set up in 1981 to help the nascent IT industry overcome its
human resource Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ' ...
challenges. ''NIIT'' offers training and development to individuals, enterprises and institutions.


History

NIIT was established in 1981 by Rajendra S. Pawar and Vijay K. Thadani, graduates from IIT
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its Bank (geography ...
, with one million rupees. NIIT conceived a franchising model in IT education for the very first time, setting up nine centers by 1987. The company earned the epithet, the 'McDonald's of the software business' by Far Eastern Economic Review in September, 2001. In 2014, NIIT tied up with National Skill Development Corporation to launch NIIT Yuva Jyoti centers, under the pilot phase of Prime Minister Narendra Modi's
Skill India Skill India or the National Skills Development Mission of India is a campaign launched by Prime Minister Narendra Modi. It is managed by the National Skills Development Corporation of India. Mission Skill India campaign was launched by Prime ...
campaign and the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in North East, J&K and Jharkhand. In May 2019,
Baring Private Equity Asia Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asia ...
had acquired controlling stake of NIIT Ltd in NIIT Technologies Ltd. In August 2020, NIIT Technologies Ltd. rebranded itself and began operating under the name
Coforge Coforge, formerly known as NIIT Technologies, is an Indian multinational information technology company based in Noida, India and New Jersey, United States. The company's stock trades on the Bombay Stock Exchange and on the National Stock Exc ...
Limited.


Acquisitions

In 2001, NIIT acquired Osprey Systems, DEI and Click2learn in the US, to establish its e-learning and corporate learning practices in that country. In 2006, NIIT acquired Element K, a provider of learning solutions in North America. Subsequently, Element K was sold off in 2012. On October 1, 2021 NIIT announced the acquisition of a 70% stake acquisition in RPS Consulting, a Bengaluru based training company.


Financial controversy

On June 9, 2022, the
Securities and Exchange Board of India The Securities and Exchange Board of India (SEBI) is the Regulatory agency, regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance (India), Ministry of Finance within the Government ...
concluded an investigation regarding
insider trading Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...
within NIIT Technologies. The investigation verified that insider trading had occurred, as a result of a corporate announcement made on behalf of NIIT on the floor of the
National Stock Exchange of India National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...
on March 23, 2015.


Timeline

* 1981: NIIT was established by Rajendra S. Pawar and Vijay K. Thadani to optimize on the opportunity of booming IT education and training in
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. * 1982: Setup educational centres in
Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...
and
Chennai Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and ...
; Introduced Multimedia technology in education. * 1983: Corporate training program introduced. * 1984:
IT consultancy In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising or ...
service started. * 1985: Head Office integrated at
New Delhi New Delhi (; ) is the Capital city, capital of India and a part of the Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the Government of India, hosting the Rashtrapati Bhavan, New Parliament ...
. * 1986: Software product distribution started under "Insoft" brand. * 1987: Conceived Franchising Model of education. * 1990: Created the Computer drome to provide unlimited computer time to students. * 1991: First overseas office set up in US; "Bhavishya Jyoti Scholarships" launched for meritorious and socially challenged students. * 1992: GNIIT program started with professional practice. * 1993: Received
ISO 9001 The ISO 9000 family is a set of international standards for quality management systems. It was developed in March 1987 by International Organization for Standardization. The goal of these standards is to help organizations ensure that they meet ...
for software export; Listed on BSE. * 1995: NIIT tied up with
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
to provide education of Microsoft technologies. * 1996: First overseas education center launched; Launched "NetVarsity", the virtual University; Awarded
ISO 9001 The ISO 9000 family is a set of international standards for quality management systems. It was developed in March 1987 by International Organization for Standardization. The goal of these standards is to help organizations ensure that they meet ...
for Computer Education. * 1997: NIIT was the first Indian Company to be assessed at SEI CMM Level 5 for Software Business; Unique distinction puts NIIT into first list of 21st Global companies. * 1999: Achieved the status of Microsoft's best training partner in Asia; Five time World Champion
Viswanathan Anand Viswanathan "Vishy" Anand (born 11 December 1969) is an Indian chess grandmaster. Anand is a five-time World Chess Champion, a two-time World Rapid Chess Champion, a two-time Chess World Cup Champion and a World Blitz Chess Cup Champion. ...
became NIIT Brand Ambassador; Started Hole-in-the-Wall (HiWEl) experiment for disadvantaged children. * 2000: Tied up with
Oracle Corporation Oracle Corporation is an American Multinational corporation, multinational computer technology company headquartered in Austin, Texas. Co-founded in 1977 in Santa Clara, California, by Larry Ellison, who remains executive chairman, Oracle was ...
to provide education on Oracle technologies specially on Oracle Database; Collaborated with
Sun Microsystems Sun Microsystems, Inc., often known as Sun for short, was an American technology company that existed from 1982 to 2010 which developed and sold computers, computer components, software, and information technology services. Sun contributed sig ...
on "iForce initiatives on computing giant". * 2001: Microsoft awarded NIIT the "Best Training Company Award". * 2003: Launched NIIT MindChampions Academy with
Viswanathan Anand Viswanathan "Vishy" Anand (born 11 December 1969) is an Indian chess grandmaster. Anand is a five-time World Chess Champion, a two-time World Rapid Chess Champion, a two-time Chess World Cup Champion and a World Blitz Chess Cup Champion. ...
to promote chess in schools. * 2004: Global Solutions Business spun off into NIIT Technologies; Industry endorsed GNIIT curriculum was launches; NIIT and Intel signed a deal to use technology-assisted learning in school. * 2005: Launch of NIIT IT Aptitude Test (NITAT). * 2006: Launched new businesses called NIIT Litmus which provides testing & assessment services for IT&ITES organizations, NIIT Imperia which would provide three certificate programs from
Indian Institutes of Management The Indian Institutes of Management (IIMs) are Centrally Funded Business Schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administra ...
and IFBI - Institute of Finance Banking and Insurance (NIIT IFBI). * 2009: Founded and commenced new "NIIT University" campus in
Neemrana Neemrana (/ niːmərɑːɳɑː / ) is an ancient historical town in Kotputli-Behror district in the Indian state of Rajasthan. It is located 16 km from Behror city, the district headquarters, from Alwar city, from New Delhi and from Ja ...
, Rajasthan offering more post graduation level courses. * 2011: Launch of NIIT Yuva Jyoti Limited (NYJL)- a joint venture between NIIT and NSDC to fuel growth in Skills & Employability for youth across India. * 2012: Launch of Digital Marketing Program; NIIT received 'Top IT Training Company Award 2012' for the 20th year in succession by Cybermedia publications. * 2013: NIIT, NIIT University entered into a MoU with
Autodesk Autodesk, Inc. is an American multinational software corporation that provides software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Autodesk is headquarte ...
to evangelize design as a learning discipline in India; NIIT launched 'Program in Business Analytics'; NIIT launches NIIT Cloud Campus: A pioneering initiative undertaken to help take high quality educational programs to the remotest corners of the country; NIIT enters Test Preparation Market with CTET Coaching. * 2014: NIIT launches its new persona based website www.niit.com. * 2015: Internet and Mobile Association of India (IAMAI) recognizes NIIT as the "Best Educational Website"; NIIT enters into MoU with Guian New Area, China. *2016: Launch of Training.com to offer online training. *2017: Sapnesh Lalla takes charge as the CEO of NIIT Ltd. *In May 2019,
Baring Private Equity Asia Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asia ...
had acquired controlling stake of NIIT Ltd in NIIT Technologies Ltd. *2023: The group completed the demerger of its business, with corporate learning transferred to NIIT Learning System's, and skills & careers business retained with the parent company.


Business units

NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business. NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale.


See also

*
Professional certification (computer technology) Professional certification, trade certification, or professional designation, often called simply ''certification'' or ''qualification'', is a designation earned by a person to assure qualification to perform a job or task. Not all certifications ...
*
Aptech Aptech Limited is an Indian vocational training services provider headquartered Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the f ...
*
Scaler (company) Scaler (also known as Scaler Academy) is an Indian edtech company headquartered in Bengaluru, India, focused on skill training and development. The company is ranked first in Time World's Top EdTech Rising Stars of 2024. History Scaler was ...
*
FutureLearn FutureLearn is a British digital education platform founded in December 2012. The company was acquired by Global University Systems in December 2022 and previously jointly owned by The Open University and SEEK Ltd. It is a massive open online c ...
*
Pluralsight Pluralsight, LLC is an American privately held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website. Founded in 2004 by Aaron Skonn ...
*
EdX edX is an American For-profit higher education in the United States, for-profit massive open online course provider. It was founded by MIT and Harvard. It is a subsidiary of 2U (company), 2U. History edX was founded in May 2012 by the admi ...
*
Coursera Coursera Inc. () is an American global massive open online course provider. It was founded in 2012 by Stanford University computer science professors Andrew Ng and Daphne Koller. Coursera works with universities and other organizations to offe ...
*
Udemy Udemy ( ) is an American global massive open online course provider. It was founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar. It is based in San Francisco, California, United States. The platform hosts online courses, mostly ...
*
Udacity Udacity, Inc. is an American global for-profit massive open online course provider. It was founded by Sebastian Thrun, David Stavens, and Mike Sokolsky offering massive open online courses. According to Thrun, the origin of the name Udacity com ...
*
LinkedIn Learning LinkedIn Learning is an American global massive open online course provider. It provides video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. All the courses on LinkedIn fall into fo ...


References


External links

* {{DEFAULTSORT:NIIT Education companies established in 1981 Companies based in Gurgaon Educational institutions established in 1981 For-profit universities and colleges 1981 establishments in Haryana Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange