The company now aims to heighten focus in the domain with courses in esports broadcasting, extended reality, artificial intelligence, and Game Development
Hero Vired has recorded 20 per cent of its total revenue in the last 12 months from its Future Tech domain. Since the launch of the category in September 2022, this domain has witnessed growth, largely attributed to its pioneering position as a first mover and its key industry partnerships.
In lieu of the demand from the market, it announced adding 10-12 courses in the next 2 years to enhance the focus on India’s Future Tech learning. A wide range of cutting-edge technology projects, including advanced data science, extended reality, artificial intelligence, gaming, esports, and user experience (UI/UX), will be covered by their expansion plan, the company said in a statement.
Talking about the expansion, Sushma Bharath, head of programs and partnerships at Hero Vired said, "At Hero Vired, our main goal is to empower learners with the skills and knowledge needed to excel in fast-evolving technology fields. Industries like Gaming, Virtual Reality, Esports broadcasting, game development, and game streaming are rapidly growing, making it crucial to offer programs in these areas. We're strategically investing in and expanding our offerings in future tech domains to provide world-class educational opportunities to learners in India. This aligns perfectly with our vision to address the increasing demand for tomorrow's skill sets."
The company has witnessed significant growth in FY23, with revenue reaching a substantial 55 crores. Looking ahead, it has set an ambitious target, aiming for a 2X revenue growth by the next financial year. To support these goals, the company maintains an active workforce of over 300 professionals, and it plans to add an additional 45-50 resources across various functions this year with almost one-third of its resources dedicated to building the Future Tech domain. These milestones underscore Hero Vired's unwavering commitment to excellence and innovation within the Future Tech domain, the statement added.
Hero Vired, a LearnTech start-up facilitates professionals and students interested in higher education. The company is a start-up initiative of the Hero Group that provides programs that are relevant to careers in collaboration with top universities to help students become more competent and industry-ready for upcoming professions and talents.