Hero Group has announced the launch of Hero Vired, a new edtech company. The edtech venture will offer an end-to-end learning ecosystem. It will make the learners industry-ready for the emerging jobs and professions.

The promoter of Hero Vired, Munjal family, is committing over USD 10 million (around Rs 75 crore) to offer learners overall professional development to make them industry-ready for employment.

With this launch, the Hero Group has entered the nascent upskilling industry. The upskilling edtech space already includes startups, like upGrad, Udemy, Great Learning, Simplilearn, among others.

Hero Vired platform has partnered with top global universities, including Massachusetts Institute of Technology (MIT) and Singularity University, to offer full-time and part-time programs in finance and financial technologies; game design; integrated programs in data science, machine learning (ML) and artificial intelligence (AI); entrepreneurial thinking and innovation; and full-stack development.

Akshay Munjal, Hero Vired Founder & CEO, said in a media statement, "it has been aimed at addressing the problem of employability in India and the skill gaps that exist in the industry at present."

"We have got a very large young population, which is definitely looking for jobs, currently either unemployed or not meaningfully employed. On the other hand, we have an industry which is starved for talent. What we are attempting to do is how do we solve this problem from where it originates from," said Munjal in a media statement to news agency PTI.

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