New Delhi [India], Mar. 14 (ANI): Global pioneer in lifelong learning, Udacity, on Wednesday said that it has achieved over 100 percent year-over-year (Y-o-Y) revenue growth globally. The company's total revenues touched approximately USD 70 million.
While the global growth has come from new cutting-edge learning programs, enterprise sales, and international expansion, the company's success in India has primarily come from the launch of new courses launched specifically for the Indian market.
"Udacity India has seen over 200 percent growth in enrollments in 2017. India is an extremely high-potential market, with an ecosystem that shows a strong demand for valuable skills in relevant technologies. We distinguished ourselves from other providers by offering courses created by leading global companies, which enhanced the job prospects and experience of students," said managing director India, Udacity, Ishan Gupta.
"Most popular courses in India include Python, Big Data, machine learning and Self Driving Car Engineering. In 2018, Udacity will look to continue propelling its exceptional growth through launching more India-specific courses, increased collaboration with enterprise customers, and adding more hiring partners. Our intention is to become a full training partner to someone who wants to upskill or reskill," Gupta added.
Udacity connects learning to jobs through online, project-based education developed with and for the industry.
In late 2014, the company launched its nanodegree programs in collaboration with AT&T and Google.
Three years since then, over 50,000 students are enrolled in these programs, and over 27,000 have graduated from paid nanodegree programs.
The Indian market has shown positive trends and growth, with Udacity India overcoming people's hesitation towards online courses by offering a full-service model.
Udacity India's growth has come mostly from the B2C space and B2B operations, creating valuable tie-ups with several companies in India like Infosys, Wipro, Tech Mahindra, Mercedes Benz among others and even government organisations and agencies.
In 2018, the company will also implement its various scholarship programs, including the Google India Scholarship and promote its flagship job-fair, Propel. (ANI)