NIIT Acquires Equity Stake in Evolv

NIIT recently announced that it has acquired stake in Evolv Management Services Private Limited. Evolv is a leading provider of English Language and Communication Training, headquartered in Noida, India. Read the details here.

With this acquisition, NIIT has taken another important step in becoming a complete training services provider. With Evolv under the NIIT umbrella, it will also compete and possibly take away a lot of business from the likes of Hero Mindmine, whose pureplay business is corporate training in areas similar to Evolv as well as customer service.