TalentSprint, an ed-tech company, claims to focus on mastering excellence within a specific domain rather than attempting to encompass every aspect of the ed-tech industry. By continuously following this strategy, the platform claims to direct its resources and efforts towards excelling in its chosen field instead of diluting focus by trying to accommodate everyone’s needs, Santanu Paul, founding CEO and MD, TalentSprint, told FE Education. “We prioritise emerging and advanced technologies that are reshaping diverse industries. Our services are tailored for both college graduates and working professionals aiming to remain relevant amid ongoing technological disruptions,” he said.
TalentSprint claims to boast a suite of programmes. Their offerings encompass beginner-friendly coding boot camps to advanced initiatives such as Spacetech, aimed at nurturing India’s space technology startup ecosystem. In addition, the company claims to cover various topics including Artificial Intelligence (AI), Machine Learning (ML), digital manufacturing, digital healthcare, semiconductors, cybersecurity, and financial technologies among others. “Nevertheless, we prioritise blended methodologies, combining digital and physical interactions. Around 80-90% of our content is disseminated digitally, augmented by 10-20% via face-to-face engagement, showcasing the efficacy of our integrated approach,” Paul said.
The company has reported 33% growth in its revenue from operations to Rs 89.42 crore in FY23 from Rs 66.84 crore in FY22. Additionally, the company has reported a net loss of Rs 3.92 crore in FY23 and Rs 1.30 crore in FY22, as per regulatory filings accessed by business intelligence platform, Tofler. “This fiscal year, we’re poised to achieve revenue of about Rs 150 crore, with only a few weeks left. Our growth has been strong, consistently averaging between 40-45% year-on-year,” Paul said.
Furthermore, the platform claims that its annual student intake ranges from 10,000-12,000 individuals. Meanwhile, the typical duration of boot camps offered by TalentSprint ranges from four-six months, totalling 300-400 hours. . Additionally, programmes tailored for working professionals span six to nine months, with 120-150 hours of coursework scheduled primarily on weekends to accommodate their busy work routines. “As a Business-to-Consumer (B2C) company, the majority of our revenue, accounting for 70%, is generated from dedicated individual learners. The remaining 30% of our revenue stems from corporate clients. The cost of coding bootcamps is capped at Rs 75,000 for young learners, while working professionals pursuing upskilling certifications can expect prices ranging from Rs two-four lakh,” Paul said.
The ed-tech company claims to have partnerships with several institutions, including IIM Calcutta, IIM Lucknow, IIM Udaipur, IIT Kanpur, IIT Hyderabad and IIT Madras. Furthermore, it asserts to have formed alliances with global enterprises such as Google, Pegasystems among others. By forging these partnerships, TalentSprint claims to develop programmes endorsed by both parties, facilitating connections for individuals aspiring to join elite institutions. “We have created an upskilling framework that incorporates esteemed institutions known for their undergraduate, postgraduate and PhD programmes, but not traditionally linked with executive education. We have integrated them into our executive education offerings. Notably, IISc Bangalore stands out with its illustrious more than 100-year history, having partnered with us and abstained from engagement with other private sector entities or educational technology platforms,” he explained.
Additionally, the company aims to expand into new territories such as deeptech and management education while prioritising diversity in both geographical reach and content offerings.