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NSDC, Autodesk partners with Novatr to foster skill development, employment in AEC industry

IndianStartupNewsIndianStartupNews · 2y ago
NSDC, Autodesk partners with Novatr to foster skill development, employment in AEC industry
Medial

Ed-tech startup, Novatr, has announced partnerships with the National Skill Development Corporation (NSDC) and Autodesk. The collaboration aims to address the skills gap in the Architecture, Engineering, and Construction (AEC) industry by offering outcome-driven and industry-relevant courses. Novatr's programs, including the Building Information Modeling (BIM) Professional Course for Architects, have been approved by NSDC. The partnership intends to certify over 40,000 graduates and offer mentors and guides the opportunity to become Autodesk Certified Instructors (ACI) at no cost. Novatr aims to empower learners with essential skills and enhance their employability in the rapidly evolving AEC sector.

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Emversity buys back Rs 6.5 Cr ESOPs from 20 employees

EntrackrEntrackr · 5d ago
Emversity buys back Rs 6.5 Cr ESOPs from 20 employees
Medial

Emversity buys back Rs 6.5 Cr ESOPs from 20 employees Higher-education embedded training and employability platform Emversity has bought back employee stock options worth Rs 6.5 crore from 20 employees as part of a liquidity programme. The buyback was extended to employees who joined the company on or before January 31, 2024. According to the company’s HR leadership, Emversity currently has more than 700 employees and operates across 24 states through over 60 locations in India. The development comes soon after Emversity’s $30 million Series A round led by Premji Invest. Emversity is operated by Beyond Odds Technologies, which was launched in April 2024 by Vivek Sinha, former COO of Unacademy, with an initial $11 million seed round led by Matrix Partners India and Lightspeed. Soon after the launch, Emversity had raised $5 million in a pre-Series A round led by Lightspeed and Z47. It also runs employer-linked skill centres, particularly in healthcare and hospitality, in affiliation with the National Skill Development Corporation (NSDC). In less than two years, Emversity claims to have scaled to 4,500 learners across 40 campuses. Its programs are designed with employers to create predictable talent pipelines, especially for sectors facing workforce shortages. The brand currently supports healthcare and hospitality roles, with learners placed across large hospital chains and hotel groups.

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