Bangalore: Ed-tech company Simplilearn said it aims to clock Rs 500 crore in revenue by 2021 as it strengthens its international operations and enterprise offerings. The company had recorded a revenue of Rs 149 crore in 2017-18 and currently has a revenue run rate of Rs 300 crore. Founded in 2010, Simplilearn has grown its employee base from 400 in 2017 to over 1,000 in 2019.
Krishna Kumar, Founder, and CEO at Simplilearn said “We are witnessing a great demand for digital skilling certification courses amongst individual professionals and enterprises. Further, we have been able to grow very efficiently, running at rough break-even, making us one of the most successful companies in the ed-tech space. Our high-engagement model – live classrooms, experienced trainers and contextualized training solutions has helped over a million professionals secure better jobs at one end, and on the other, it is helping enterprises in retaining, upskilling its talented workforce. We are committed to helping India build a relevant, future-ready digital workforce in the next five years as our economy, and the whole world goes digital.”
The company said it aims to reach its revenue milestone with its focus on four key areas.
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