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Business April 18, 2025

NIIT acquires majority stake in Coimbatore-based iamneo

Writen by brandsnappy.admin

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Post-acquisition, iamneo will function as a subsidiary of NIIT

Post-acquisition, iamneo will function as a subsidiary of NIIT
| Photo Credit:
iStockphoto

IT skills development enterprise NIIT Ltd has announced the acquisition of a 70 per cent stake in iamneo, a provider of deep skilling technology training solutions through a AI-powered SaaS platform. 

The transaction was approved by NIIT’s Board of Directors at its meeting on April 17, 2025.

Under the agreement, NIIT will acquire the remaining 30 per cent shareholding in phases from Coimbatore-based iamneo’s promoters, subject to achievement of agreed financial milestones. 

Subsidiary of NIIT

Post-acquisition, iamneo will function as a subsidiary of NIIT, with iamneo’s founding leadership team continuing in their existing roles. 

Headquartered in Coimbatore, iamneo provides a skilling SaaS platform to undergraduates in universities and early career professionals in Global System Integrators (GSIs) and Global Capability Centers (GCCs).

The resulting organisation aims to deliver learning solutions at scale for undergraduates and early career professionals. It will also provide talent onboarding & employee upskilling programs, IT skills assessments and campus recruitment management. 

Published on April 17, 2025



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