NIIT MTS Acquires SweetRush for Up to $26 Million

14 Jan 2026 CW Team

NIIT Learning Systems Limited, through its NIIT Managed Training Services (NIIT MTS) arm, has recently acquired 100 per cent of US-based SweetRush, Inc for an aggregate consideration of up to USD 26 million. The transaction was completed via NIIT MTS’ wholly owned subsidiary, NIIT (USA), Inc., and includes performance-linked earnouts over the next five years, subject to customary adjustments.

Headquartered in San Francisco, SweetRush was founded in 2001 by Arturo Schwartzberg and Andrei Hedstrom. The company employs over 100 professionals, supported by an extended network of learning experts across the United States and Costa Rica, delivering AI-enabled, human-centred learning experiences for Fortune 1000 enterprises, professional associations and not-for-profit organisations.

The acquisition combines SweetRush’s custom learning experience design and strategic training interventions with NIIT’s global, AI-enabled Managed Learning Services platform. This integration is expected to enhance NIIT MTS’ service offerings, including certification-led content, strategic learning interventions and talent solutions, while enabling deeper, long-term engagement with clients.

Commenting on the development, Sapnesh Lalla, Chief Executive Officer and Executive Director, NIIT MTS, said the acquisition strengthens NIIT’s ability to deliver outcome-focused learning solutions at global scale. SweetRush leadership added that joining NIIT provides a broader platform to expand its impact while retaining its culture and design-led approach.

The transaction aligns with NIIT MTS’ growth strategy of expanding wallet share, converting project-based engagements into annuity-style managed learning relationships, and strengthening its position as a global managed learning partner.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..