NIIT MTS Acquires SweetRush for Up to $26 Million
ECONOMY & POLICY

NIIT MTS Acquires SweetRush for Up to $26 Million

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.    

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.    

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement