Mumbai, Jul 30 (PTI) Online interactive learning solutions platform Talentedge is looking to foray into the Middle East and South Asia, and is targeting Rs 100 crore revenues by the end of this fiscal, a top company executive said. Also Read - Pakistan PM Imran Khan To Take Vote of Confidence From The Assembly after Facing Defeat in Senate Elections
“Talentedge is operationally profitable as of 2017, and we are targeting revenues of Rs 100 crore by the end of this fiscal,” Aditya Malik, CEO and MD of Talentedge told PTI here. Also Read - Throwback Tuesday! When Shah Rukh Khan, Salman Khan Cycled Through Streets of Mumbai
The company is looking to expand to the Middle East and South Asia, he added. Also Read - Mumbai Rains: Heavy Rains Paralyse City, IMD Warns of 'Flooding', Local Trains Suspended Due to Waterlogging; BMC Declares Holiday
“We are targeting the Indian diaspora in these regions, and have also been getting enquiries from many of these places,” he added.
He said the company has been seeing 50-70 per cent growth year-on-year since 2012.
Talentedge operates in Gurgaon, Mumbai, Delhi, Bengaluru and Pune with a team of 200 employees. The startup has tied up with institutes like XLRI Jamshedpur, IIT Roorkee, IIFT New Delhi, IIM Kozhikode, MICA and SMU for courses.
To accelerate its growth, the company is actively scouting for acquisitions, he added.
“We are looking at companies that are a strategic fit, which will help growth, and also with domain-based niche expertise,” Malik said.
At any given point of time, the platform has about 10,000 people on its network.
Talentedge was acquired by Gurgaon-based private equity player Lumis Partners in 2012.
This is published unedited from the PTI feed.