Imarticus Learning, an Indian professional education firm, has acquired StratOnboard, a game-based learning platform.
The acquisition has been executed via a combination of cash and equity for an undisclosed amount. Through the acquisition, Imarticus Learning will bring in unique differentiators in the form of epistemic games – the future of learning.
As its second acquisition, StratOnboard is a strategic fit to Imarticus Learning’s overall ecosystem and aligns with its multiple business segments, including Enterprise, Academic, Retail, and Consumer. The firm has more such acquisitions planned with a set amount earmarked for the same this year.
Their proprietary games, leverage cutting edge technology such as AI, branching conversational algorithms, authoring engine that has the ability to build a learning ecosystem to train on the process, functional, technical and behavioural with game mechanics as a foundation, which is truly futuristic learning.
According to the official statement, the strategic deal will add significant value to Imarticus Learning’s existing clientele, academic partners and will be a game-changer for future learning.
The deal will further augment Imarticus Learning’s existing offerings, allowing the platform to offer a wide variety of learning solutions, enabling evidence-based learning and a world-class experience under a single umbrella.
Nikhil Barshikar, Founder and CEO of Imarticus Learning, said, “We are pleased to onboard the StratOnboard team. Imarticus Learning has always been committed to offering learners a holistic, engaging, and best-in-class learning experience. StratOnboard’s unique solutions will allow them to experience the future of learning through applied learning games. Besides, learners will also be able to experience real business challenges and learn to make decisions in the real world. StratOnboard will bolster our offerings and allow learners to hone their decision-making, problem-solving, and analytical skillsets, amongst others. This is a valuable move in our journey, and we look forward to working closely with the StratOnboard team to build a new pedagogical approach to learning.”
“We are thrilled to be associated with Imarticus Learning, a platform that has a proven record of offering one the world’s finest learning experiences through its all-encompassing, meticulously designed curriculum and experienced faculty. StratOnboard has developed a one-of-a-kind solution that provides learners with technology-enabled stimulatory solutions and evidence-based assessment frameworks that construct skill profiles through analytics. When talks of the acquisition came up, we knew that this was the most logical choice – being a part of a futuristic organization to work towards a greater mission,” added Sandeep Rambhatla, Founder of StratOnboard.