Interviews

In Interaction with Mr. Girish Singhania, CEO, EduBridge

CXOToday has engaged in exclusive interview with Mr. Girish Singhania, CEO, EduBridge

 

  1. Tell us about EduBridge, and How does it help in imparting skill among the youth?

EduBridge is India’s leading workforce development platform that commenced in 2009. The commencement of the workforce development platform was planned after realizing there was a growing requirement to empower the youth with financial/digital literacy that could make them more employable and to bridge the gap between the demand-supply ecosystem within the corporates that need skilled talent. EduBridge skills the youth by delivering them to in-demand skills. The programs offered are co-created with recruiters with needs of reputed organizations in mind. Learners receive an industry certification at the end of the training program and are placed on jobs with well-known organizations. These skills are imparted through interactions, discussions and an experiential pedagogy that ensures complete participation of the learners and also entails better cognition. Most programs are conducted in the virtual mode, however, as we have unlocked completely, we are moving to a more hybrid model with online + offline forms of learning. We also include several masterclasses with industry experts, giving learners a fair idea of what their future job profiles would entail and prepare them to be productive from Day 1. Learners are also handheld for at least 3 months after they start with their jobs, to minimize attrition and ensure sustainability in their careers.

2. What is your vision to empower Indian Youth with necessary skills to make them more employable? Let us get an understanding of the in-demand skills in recent times. 

In the Tech segment, there is a growing demand for:

  1. Data Scientists
  2. Data Analysts
  3. Full Stack Java Developers
  4. Software Testing Analysts
  5. Business Intelligence Analysts
  6. Python Developers

In recent times, professionals who are at the forefront in operating or creating AI-powered applications are beginning to rule the roost in the Tech field.

In the Non-Tech segment, there is good demand for professionals in:

  1. Banking and Finance (particularly Investment Banking)
  2. Accounting and Taxation division
  3. Digital Marketing and
  4. Healthcare

Skills in any of the above-mentioned, Tech and Non-Tech spheres will make fresh graduates more employable.

Some other aspects that make professionals more employable 

  1. Emergent employees should consider skill-stacking (or learning multiple skills) to heighten their value and secure a better position in the organization and be eligible for growth – vertically or horizontally
  2. Greater emphasis on grooming the learner’s soft skills
  3. A new-age learner should possess enhanced abilities to communicate (read, speak, and write) in the not only English but multiple languages

3. What is the current status of the EdTech sector and how is it helping the youth to be job ready?

There has been a media splash on the growing number of layoffs especially within the Tech sector lately. The iconic reason behind these layoffs is not that these Tech giants are not making profits, but they find it challenging to meet with candidates that have the required skill set to enable them to grow with the organization. As a rising EdTech and workforce development platform, it rests on our shoulders to arm individuals with futuristic skills that will enable growth and bridge this gap. We are committed to skilling the youth, bridging the gap between the employer and employee, and creating a talent pool that is job ready from Day 1 of securing the placement opportunity.

4. How is the rise of the EdTech sector, influencing students self-learning? 

The importance of skilling has been promoted since before the pandemic. This especially holds true for fresh graduates and emergent professionals to use skilling opportunities to advance their career prospects and ensure that they emerge as valuable assets to the organizations they are employed with. This has given EdTechs a reason to step in and build an ecosystem that imparts in-demand skills to learners and professionals to renew their career prospects. EdTechs have delivered learners with tools that make education and learning more inclusive by enabling learners to learn at their own pace. This is an under-lining factor that determines the rise of self-learning. EdTechs employ a unique learning pedagogy by using tools like E-Books and Podcasts to help learners learn on-the-go. EdTechs have also made learning a little more engaging and interactive by involving assessments, quizzes, and assignments. These activities help learners identify their strengths and weaknesses, allowing them to get better with time. The interactions and discussions help learners enhance their communication skills that help better their employability prospects.

5. How were the placements last year and how many students got placed?

According to the India Skills Report of 2022, maximum hiring has happened in Maharashtra, Uttar Pradesh, and Kerala. Maharashtra takes the cake for emerging as the most employable state. According to the reports, the placements in 2021 amounted to 34.26% in 2021 versus 45.97% in 2022. These statistics enlist the recruitment of male candidates in the workforce. Female participation stands at an impressive 51.44% in 2022 versus 41.25% in 2021. Despite the layoffs, we hope to witness a surge in employability in 2023 owing to new job roles emerging.

6. Which are the mostly used technology in EdTech and what are the upcoming technologies can impact the industry most?
EdTechs are supposed to renew their technology from time to time to make learning more inclusive and immersive and enhance the cognitive experience that makes learning a seamless lifelong experience. Some of the tools that make learning more interactive include the involvement of:

a) Audio/video – The new age components include videos, podcasts, and a lot of e-books

b) IoT- Harnessing the potential of the IoT as a way of tracking learners’ progress in real-time

c) Machine Learning – using ML as a way of identifying a student’s potential and uptick on the subject

d) LMS – Learning Management System, an integrated tool that enables planning, accessing, and implementation of learning processes. The use of AI and VR – Tools that take learners on an insightful learning journey and make learning immersive.

e) AI – While educationalists have dulled the shine of AI as a tool in the sphere of education, it could be used to enrich the learning experience and help with communication prompts, especially for those looking to enhance their communication skills. AI needs to be governed with certain specifications to avoid misuse of education and education processes.

7. What is the funding scenario of the EdTech sector in 2023 and is it better than in 2022?

The national budget of 2023-24 optimizes funds in the EdTech sector as the government announces the inauguration of a Digital Library. AI will go mainstream, as the Indian government establishes 3 AI Centers of Excellence Pan-India. The establishment of AI Centers of Excellence means private EdTechs and workforce development platforms will employ future-forward technology to enhance the learning ecosystem. In 2022, we witnessed some prominent EdTech organizations assuming the Unicorn position. We are likely to see many more get there in 2023, as there is a compelling need for EdTechs to reinvigorate technology to keep on a sustainable path and cater to the huge requirement for skilling in the coming years.

 

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