Eduvanz the leading Indian fintech NBFC – Non-banking Finance Company has acquihired the Ed-tech Startup Klarity to expand its outreach to industry mentors and education institutes. The acquihiring transaction was formalized in November 2020.

Klarity based in Mumbai was founded by Manmeet Singh Akali in 2017. The video-based mentoring platform offers one-on-one connect for students with chosen professionals. The Startup also devised an assessment-driven by Analytics on lines of algorithms deployed by big corporations for employee comprehension.

New-age sectors such as E-commerce, Technology, Software, and BPO are witnessing an increased number of acquihiring deals in the last few years. The motivation is to have a team of smart and entrepreneurial talents working together for solving diverse market and industry challenges. The result is that the acquihires and the company can achieve the desired impact
and results in an accelerated way.

The technology-based NBFC Eduvanz facilitates students to apply for low-cost loans through its assisted platform. The focus is on students who seek to pursue any skill development course or vocational degree at any recognized or partnered institute.

The chief factor propelling the acquihiring of Klarity by Eduvanz is to expand its outreach in the industry specifically leaders in education and trade. The acquihiring deal is aimed at rapidly reaching out to a large number of interested students seeking educational loans.

The ever-growing Indian Startup ecosystem has perennial demand for top-performing talents and the advancements in technology have only further propelled this demand. Big corporations are adopting innovative ways to hire the best tech and domain talents and the latest trend that is witnessing big time traction is acquihiring. The specific inclination to have entrepreneurial talents is because these are a rare class with risk appetite and growth vision and on boarding such people adds immense value proposition to the organization.

ACQUIHIRE – The trusted partner facilitating strategically critical acquihiring deals

The seasoned and proficient team at Acquihire.in has facilitated innumerable acquihiring transactions and Eduvanz’s acquihiring of Klarity is amongst our one such strategically critical deals. We are the trusted partners of our ever-growing clientele and have offered them access to entrepreneurial and tech-savvy teams that have demonstrated top analytical and groundbreaking innovation abilities.

The fast-expanding Indian Startup and tech ecosystem is witnessing huge demand for highly skilled talents and we have time and again facilitated access to precious and exceptional talents through the acquihiring transactions. Our facilitation has equipped the large corporations with the required talent for quickly launching and marketing in-demand applications and products.