Bangalore-based Simplilearn Solutions brings its platform for online training and certificate courses to Singapore and has further plans to unlock other South East Asian markets.
Simplilearn already has a strong user base in Singapore and aims to acquire new customers by providing a two-tier model of e-learning and a blended learning solution.
Simplilearn Founder and CEO Krishna Kumar states in the press release
“Singapore is an emerging market in terms of a growing number of working professionals seeking career enhancement training. To cater to the huge demand among key South East Asian countries, we are extending our footprint by starting our operations in Singapore, through which we will ensure the highest level of support to customers in the region.”
Founded in 2009 as a blog to share advice on and discuss certificate programs, Simplilearn switched to a platform model and has continuously developed its certificate course offer since 2010.
Simplilearn’s target audience are young working professionals who want to prepare for their next career steps and has trained over 100.000 professionals in 150 countries with a current average of 5000 students per month. The platform offers 80 certification courses across 11 categories like management, big data, financial services, IT and others.
Simplilearn raised an undisclosed amount of venture capital from Kalaari Capital in August 2012. In September 2013 it raised a $10 million Series B from Helion Venture Partners and Kalaari Capital.
At the time Simplilearn stated to have raised the money to expand the course catalog and to add more categories to the platform as well as to have a local presence in promising markets like the US, the UK, Australia and the Middle East.
Rajesh Raju, MD at Kalaari Capital said at the announcement of the Series B
“Since its inception, Simplilearn has grown at a rate of 400% and has outpaced that growth since our investment early last year. We are excited with the growth path that the company is embarking on with the current round of funding. We envision a global leadership position for the company in catering to individuals and corporates in a variety of certification areas.”
In January 2014 Simplilearn partnered with MasterStreet, a free course search engine and booking platform. Krishna Kumar, CEO of Simplilearn explains the objective of this partnership as follows
“At Simplilearn, our mission is to consistently provide top quality professional certification training courses to working professionals. By leveraging the MasterStreet booking platform, we hope to extend our technical expertise and guidance to a wider audience. Through our robust technology platform, we are pleased to connect users of MasterStreet with our certification programs that will help them attain their professional goals.”
Depending on the course and the type of learning, an online course is priced starting at around $140 whereas classroom instruction comes at around $2000 if the take the Big Data course for IT professionals as an example.
- Simplilearn Expands Reach into South East Asia by Starting Operations in Singapore | PRWeb
- Simplilearn raises second round of funding of $10 million from Helion Venture Partners & Kalaari Capital | openPR
- Simplilearn scores $10 mln in Series B funds | peHUB
- Simplilearn Partners with MasterStreet to Offer Business and Information Technology Training Classes | PRWeb