In a major consolidation in the enterprise learning and development (L&D) ecosystem, upGrad for Business, the B2B arm of edtech major upGrad, has onboarded Swapnil Kamat, CEO - Work Better, and his team to strengthen its enterprise L&D offerings.
Mumbai-based Work Better is a soft skills, sales and leadership training company that helps boost productivity in the workforce, through their result-focused learning approach encompassing a wide array of classroom and virtual learning solutions. Work Better holds a strong network of 300+ large corporates and 250+ trainers to offer diverse solutions ranging from sales training programmes, leadership development, customer services, business communication, and professional effectiveness.
“The rise of multifunctional roles which require new-age subject knowledge is constantly pushing medium and large-sized organisations to re-think their L&D strategies not just for skilling their talent pool but also for retaining them. Hence, with the two majors coming together, we look forward to empowering orgranisations with both, market-ready and future-ready skills in order to train their workforce with best of technical,leadership, and managerial varieties for maximum career benefits,” Minaxi Indra, President - upGrad For Business said on the development.
According to Citi GPS’ (Global Perspectives & Solutions) September 2021 report, L&D is increasingly being viewed as a strategic investment, and two in three organisations are looking to plug the skills gap through internal upskill and reskill training initiatives. The combined might of upGrad for Business and Work Better shall take the crusade forward by training professionals with an asynchronous learning approach wherein the learning content is tailor-made to suit their career aspirations and professional journey.
“Enterprise L&D is coming of age now. This synergy, hence, is aptly-timed and will fuel upGrad’s ambition of being one of the few integrated lifelong learning tech companies in the world, dominating both B2B and B2C space,” added Mayank Kumar, Co-Founder & MD, upGrad.
“Work Better Training started as a result of our own frustration with corporate training. Having worked with multinationals before our entrepreneurial days, we had been a part of several executive training programs and realized that most of them were theoretical. Hence, we started Work Better Training in an endeavour to make corporate training programs more real, practical and implementable. Work Better has deep-rooted expertise in soft skills, sales and behaviour training, while upGrad is a leader in technical and hard skills training. With this consolidation, we both can leverage each other’s expertise to add further value & provide holistic solutions to customers,” said Swapnil Kamat, CEO – Work Better Training.
As per Technavio Research report, the global soft skills training market has the potential to grow by $14.9 billion by 2024, and is expected to exceed $ 60.89 billion by 2031, expanding at a CAGR of 12.7% during the period, as per TMR’s study. It’s been widely accepted that enterprise L&D is the next frontier for global education.