HomeLatest NewsEnterprise ITGlobal tech investor Prosus picks majority stake in online training provider GoodHabitz

Global tech investor Prosus picks majority stake in online training provider GoodHabitz

Prosus has pumped in about $3 billion in the company since 2016 with the recent stake purchase costing about 212 million euros ($257.05 million)

Preferred Source of Google

In a bid to expand its global footprint in education , top tech investor has announced to pick a majority stake in training provider GoodHabitz in an over $3 billion deal.
The company has pumped in about $3 billion in the company since 2016 with the recent stake purchase costing about 212 million euros ($257.05 million).

According to Prosus, the company will support GoodHabitz’ plans to expand in new markets outside its home market of the Netherlands. Founded in 2011, GoodHabitz focuses on training businesses and providing their employees with a broad range of digital learning solutions.

The company currently delivers 150 courses in eight languages and is already present in nine European markets. “The future of workplace learning is rapidly evolving and the companies that can engage their employees in a digital environment successfully will do well moving forward,” Larry Illg, CEO of Prosus EdTech said.

Advertisement
Digital Senate
Digital Senate
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
Register Now →
CIO Prism
CIO Prism
CIO Prism unites forward-thinking technology leaders to exchange transformative insights, shape digital strategies, and foster innovation, empowering enterprises to excel in an era of rapid technological change.
Register Now →

“There is a significant need across businesses of all sizes to offer their people engaging, easy-to-consume training,” Illg added.

Prosus was an early investor in and has invested in companies including Stack Overflow, Skillsoft, Udemy and Codecademy.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Powered By Veeam Logo
- Advertisement -

Subscribe to our Newsletter

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

India must move from AI consumer to global contributor, says Red Hat APAC CTO Vincent Caldeira

Red Hat APAC CTO Vincent Caldeira explains why India's 21.9 million open-source developers should contribute to foundational AI projects. He also outlines how Red Hat plans to invest in India's engineering capability to help the country move beyond AI adoption into foundational innovation.

RELATED ARTICLES