Hero Vired aims for 100+ associations across corporate, institutes and government bodies

Hero Vired, the learntech start-up under the Hero Group, unveiled its expanded focus on delivering tailored educational programs across three key sectors: Business to Business (B2B), Business to Institution (B2I), and Business to Government (B2G).

By  Storyboard18Apr 26, 2024 1:05 PM
Hero Vired aims for 100+ associations across corporate, institutes and government bodies
The newly launched offerings include personalized and hybrid learning experiences, conducted by leading industry experts. (Image source: Moneycontrol)

Hero Vired, the learntech start-up under the Hero Group, unveiled its expanded focus on delivering tailored educational programs across three key sectors: Business to Business (B2B), Business to Institution (B2I), and Business to Government (B2G). This move is designed to provide customized training solutions that cater to a broad range of domains, functions, and skill sets aimed at enhancing organizational capabilities and facilitating the recruitment and development of talent. The initiative is set to revolutionize learning & development systems and processes to address India's growing need for a skilled workforce.

The newly launched offerings include personalized and hybrid learning experiences, conducted by leading industry experts. The programs leverage a state-of-the-art Learning Management System (LMS) offering flexible subscriptions, contemporary Learning and Development (L&D) frameworks, and project-based learning geared towards achieving tangible outcomes at the workplace. For educational institutes, Hero Vired has planned employability bootcamps complete with placement support, alongside residential training programs hosted at the BML Munjal University campus. Additionally, for large corporations and startups, the initiative will encompass skill enhancement and talent development workshops. In the public sector, the company aims to equip PSUs and government agencies with cutting-edge skills essential for workforce advancement.

Akshay Munjal, Founder and CEO of Hero Vired, stated, “In today’s rapidly changing employment landscape, which demands speed and agility, we are intensifying our engagement in the B2B sector. Our focus will be on bridging skill gaps, forging deeper connections with organizations, and diversifying our revenue streams. With strategic positioning to bolster the B2B segment, we aim for over 100 partnerships and to facilitate over 100,000 man-hours of upskilling. Our goal is to be the preferred training partner for both corporations and educational institutions, fully equipping our learners with the essential skills and knowledge for the future of work in Industry 4.0.”

The demand for specialized training and upskilling programs is becoming increasingly apparent across various sectors, particularly as large corporations emphasize engineering and technical training, while tech startups focus on advanced technological skills. Notably, with the recognized shortage of Artificial Intelligence (AI) talent and high attrition rates, more companies are opting to invest in training their current employees rather than hiring new ones. Consequently, Hero Vired’s expansion into the B2B sector reflects a growing awareness of the challenges related to skilling and adaptation within different industries. This segment is projected to contribute to 50% of the company's total revenue in the coming year.

Anand Verma, Head of Enterprise Sales at Hero Vired, expressed, "Our strategic expansion is a proactive response to the evolving playbooks in talent management by organizations. This initiative is crucial as we aim to build human capital in futuristic domains, diversify our offerings and revenue sources. We are committed to molding the future workforce and establishing ourselves as the go-to skilling partner in the B2B sector. Our programs are designed to deliver significant outcomes, enabling organizations to improve their existing performance and create new growth in a rapidly changing business world."

First Published on Apr 26, 2024 1:05 PM

More from Storyboard18

Brand Marketing

Steve Priya wins creative mandate of The Sleep Company

Steve Priya wins creative mandate of The Sleep Company

Brand Marketing

Hyundai launches fourth season of Hyundai SUV owner drive - Hyundai Explorers Adventure

Hyundai launches fourth season of Hyundai SUV owner drive - Hyundai Explorers Adventure

Brand Marketing

Alkem Laboratories expands reach of 'Reliever Free India' campaign on World Asthma Day

Alkem Laboratories expands reach of 'Reliever Free India' campaign on World Asthma Day

Brand Marketing

APL Apollo launches new TVC with Akshay Kumar

APL Apollo launches new TVC with Akshay Kumar

Brand Marketing

Shikhar Dhawan partners with eyewear brand QUE as investor and brand ambassador

Shikhar Dhawan partners with eyewear brand QUE as investor and brand ambassador

Brand Marketing

VML creates “Are Those Neeman’s Shoes” campaign to hack voice data on smartphones

VML creates “Are Those Neeman’s Shoes” campaign to hack voice data on smartphones

Brand Marketing

Pat Cummins introduces Mumbai to the New Balance experience

Pat Cummins introduces Mumbai to the New Balance experience

Brand Marketing

Brand Rupali Ganguly: From Anupamaa to Aashirvaad; Brands endorsed by the actor

Brand Rupali Ganguly: From Anupamaa to Aashirvaad; Brands endorsed by the actor