TeamLease EdTech, NSDC’s Joint Venture

What is the partnership between TeamLease EdTech and NSDC?

TeamLease EdTech, a leading provider of online education and skill development solutions, and the National Skill Development Corporation (NSDC), a public-private partnership under the Ministry of Skill Development and Entrepreneurship, have entered into a partnership to foster employability through skill development by endorsing work-integrated degree programmes.

The partnership was officially inaugurated by Dharmendra Pradhan, Minister of Education and Minister of Skill Development and Entrepreneurship, at an event held on February 15, 2024. Pradhan appreciated the efforts of TeamLease EdTech and NSDC in creating innovative learning solutions for the youth of India.

Shantanu Rooj, founder and CEO of TeamLease EdTech, said, “Digivarsity is poised to initiate a transformative shift in the higher education sector of India. We are committed to investing Rs 100 crore over the next five years to expand the platform and reach over 10 lakh students. We believe that the skills required by today’s employers are best learned through real-world learning environments, in collaboration with industry partners. Our objective is to furnish students with the skills needed by the job market, thereby shaping the workforce of tomorrow.”

Ved Mani Tiwari, CEO of NSDC, said, “We are delighted to partner with TeamLease EdTech to endorse work-integrated degree programmes through Digivarsity. This initiative aligns with our vision of creating a skilled and employable workforce for the future. Participants of the work-integrated degree programmes will receive on-the-job internships or apprenticeships, granting them substantial skills and work experience upon graduation and a distinct advantage over fresh graduates. Furthermore, each student will benefit from a monthly stipend to support their education and living expenses, truly realizing the ‘Earn while you Learn’ concept.”

How does Digivarsity facilitate work-integrated degree programmes?

Digivarsity, TeamLease EdTech’s tech-first platform, will synergise with Skill India Digital, NSDC’s flagship initiative to provide digital skilling opportunities to youth across the country. Digivarsity offers work-linked degree programmes in collaboration with India’s top 10 universities and more than 150 leading employers across various sectors.

Digivarsity provides a seamless online learning experience for students, with features such as:

• Flexible and personalised learning paths
• Interactive and engaging content delivery
• Live sessions and mentorship from industry experts
• Peer-to-peer learning and networking
• Assessment and feedback mechanisms
• Career guidance and placement support

What are work-integrated degree programmes?

Work-integrated degree programmes are innovative learning models that combine academic study with real-world work experiences, such as internships or apprenticeships. These programmes aim to bridge the gap between education and employment by equipping students with the necessary workplace skills in addition to academic knowledge.

Work-integrated degree programmes offer several benefits to students, such as:

• Exposure to industry-relevant skills and knowledge
• Hands-on learning and application of concepts
• Enhanced employability and career prospects
• Recognition of prior learning and experience
• Earning potential and financial support

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