Skip to main content

Miles Education invests over 6 million USD to set up learning hubs in 9 cities across India; to clock 250 cr. revenues by end of FY ‘22

 Appoints industry veteran Vikas Gupta as Board Chairman and MD of the company to spearhead expansion and growth


Miles Education, among India’s fastest growing higher ed-tech companies and the market leader in global finance and accounting certifications including CPA/CMA, today announced the appointment of education veteran and industry leader Vikas Gupta as the chairman of its board and Managing Director of the company. Gupta joins as part of the promoter group and his appointment in the new role is part of the larger growth strategy and plans that Miles is pursuing, to expand its portfolio of offerings and tap into newer geographies across India and Middle East.

As a first step, Miles announced that it has set up learning hubs in 9 cities across India and will expand to 24+ cities by the end of this financial year, including 10-15 tier II cities. The company is investing over USD 6 million in well-equipped residential infrastructure, the best faculty across regions and other training amenities, to ensure it can continue to nurture and produce the country’s best finance and accounting professionals globally, besides its other new course offerings. Miles has set up its hubs at present in Bangalore, Hyderabad, Pune, Chennai, Kochi, Delhi and Mumbai catering to an average 25,000 students at any point in time, training in multiple courses and certifications. The company is slated to clock revenues of INR 250 cr. by end of FY ’22 as part of its growth plans

Vikas Gupta, the company’s new board chairman and MD will help steer growth and provide strategic advisory to the senior leadership team at Miles, leveraging his experience of over two decades in the education industry and seeing it evolve through multiple growth stages. Prior to this, Gupta was Managing Director at Wiley India for over 22 years, a serial entrepreneur and an industry veteran in education and publishing

On being appointed as the Chairman and MD of Miles Education, Vikas Gupta said, “The role comes at a time when the education and ed-tech industry is undergoing an interesting transformation and learning curve, as the space gets more competitive. I look forward to the challenge of enabling and further strengthening Miles’ growth and consolidation of its leadership in finance & accounting.  I am also happy to be closely working with the founding and leadership team- Varun Jain and Meenakshi Jain, to carry forward their passion in building a strong, growing organisation”.

Commenting on the company’s expansion plans, Varun Jain, Co-Founder and CEO of Miles Education said, “We are excited about the next phase of growth for Miles and are confident that we are strongly positioned today to scale up and grow both our offerings across other domains, as well as provide our courses and certifications to people from smaller cities. In addition, we have collaborated with almost 70 universities at present to include our certifications as a part of the course offerings and there is huge potential in this also. We look forward to VG’s guidance and mentorship in enabling us steer this exciting growth phase for the company and we aim to gain from his vast and diverse experience in the industry.”

About Miles Education: Miles Education is one of India’s fastest growing higher edtech companies. Miles’ mission is to up-skill students and professionals to help them be future-ready and enable their career progression. Currently, Miles is by far the biggest F&A edtech company in AsiaPAC. Miles offers industry recognized certifications in finance & accounting, business analytics, branding & advertising, digital marketing, human resources, business leadership, AI & machine learning, data science, data engineering and cybersecurity.

Comments

Post a Comment

Popular posts from this blog

Convin launches AI-powered agent assist platform for banks & financial institutions

Bengaluru-based Convin.ai, a leading AI-driven platform that reimagines virtual assisted selling for businesses, today announced that it has launched an AI-powered agent assist platform that helps  them better prioritize their collection accounts resulting in a 25% increase in the closure rate.  The new platform also  has a proactive alert mechanism and sentiment analysis that triggers a red alert in case of any shouting or abuse during the call so that necessary steps can be taken to tackle such a situation.  The proactive alert mechanism has helped Convin’s BFSI customers improve their CSAT scores by 30%.  Three main pillars supporting the just launched platform are – 1. Automated quality management, which scores the call performance and identifies training opportunities for agents; 2. Call behaviour analysis which uncovers the behaviour outcome of calls (wins and losses) and 3. Automated quality coaching based on the above 2 that completely removes ...
Post a Comment
Read more

Composecure’s global study shows India leading APAC in its preference for metal cards with Indian millennials seeing it as a lifestyle statement

A staggering nine of 10 consumers in India (91%) would select an offer that includes a metal payment card if all rewards and benefits were equal, which is up 6% from a prior Edgar, Dunn survey done for Composecure in 2019. This was the highest percentage of all regions surveyed and much higher than the global average of 70%. Other Asia Pacific regions also showed a strong preference for metal cards: 82% of Indonesia, 82% of China, 76% of Hong Kong and 71% of Singapore. The Asia Pacific region consistently ranked highest among the countries for awareness, interest and importance of metal cards. The survey identified India and Indonesia as two of the top nations with awareness and affinity toward metal payment cards. Both countries had the highest percentage of customers who would feel positive about their banks because they offered metal cards, significantly higher than the average survey respondent (89% vs. 58%). Metal payment cards offer financial institutions and other card issuers...
Post a Comment
Read more

Vector Consulting Group expands its footprint and launches operations in Indonesia

Vector Consulting Group, India’s largest homegrown management consulting firm, announced its foray into the Indonesian market. The move will see Vector Consulting Group extend its India leadership into the international market with the launch of Indonesia operations as the homegrown consulting firm explores strategic growth opportunities in Southeast Asia. The consulting firm’s foray into Indonesia marks its first step toward growing its footprint and network outside India. As part of its expansion plan, the consulting firm has established its physical presence in Indonesia and will hire local talent to run its consulting practice in the country. Capitalising on its ‘implementation-first’ approach, Vector Consulting Group will offer its marquee consulting services to clients across sectors such as consumer goods, auto and auto components, textile and garments, equipment manufacturing, life sciences, and engineering and construction. For the consulting firm enabling organisational...
Post a Comment
Read more