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Language Training Market In India size is set to grow by USD 7.55 billion from 2024-2028, growing emphasis on continuous professional development to boost the revenue- Technavio

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — The language training market in india  size is estimated to grow by USD 7.55 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.37%  during the forecast period.  Growing emphasis on continuous professional development is driving market growth, with a trend towards integration of technology in learning and training, such as e-learning platforms, virtual reality (VR), and simulations. However, high cost of accessing quality training programs, educational resources, and technology infrastructure  poses a challenge. Key market players include Alliance Francaise Paris ile de France, Babbel GmbH, Berlitz Corp., British Council, Cambridge Institute, Cosmolingua, EF Education First Ltd., Georg von Holtzbrinck GmbH and Co. KG, Goethe-Institut, Henry Harvin Education Inc., IFLAC, INaWORD, inlingua International Ltd., Institute of Universal Languages and Education, ITESKUL, IXL Learning Inc., Language Services Bureau, LetsTalk Academy of English and Foreign Languages, Nile, Pearson Plc, ReSOLT EdTech LLP, and Winsome Translators Pvt. Ltd., Alliance Francaise Paris ile de France , Winsome Translators Pvt. Ltd., Apex Language Academy, Bharatiya Vidya Bhavan, Chandigarh Language Academy, Diploma in Foreign Languages, English and Foreign Languages University, Foreign Language Learning Pvt. Ltd., Language Training Institute, and India International Language Academy

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Institutional learners and Individual learners), Learning Method (Classroom-based, Online, and Blended), Language (English, French, German, Spanish, and Others),  Business Model ( B2B, B2C, and B2G), and Geography (APAC)

Region Covered

India

Key companies profiled

Alliance Francaise Paris ile de France, Babbel GmbH, Berlitz Corp., British Council, Cambridge Institute, Cosmolingua, EF Education First Ltd., Georg von Holtzbrinck GmbH and Co. KG, Goethe-Institut, Henry Harvin Education Inc., IFLAC, INaWORD, inlingua International Ltd., Institute of Universal Languages and Education, ITESKUL, IXL Learning Inc., Language Services Bureau, LetsTalk Academy of English and Foreign Languages, Nile, Pearson Plc, ReSOLT EdTech LLP, and Winsome Translators Pvt. Ltd, Alliance Francaise Paris ile de France , Winsome Translators Pvt. Ltd., Apex Language Academy, Bharatiya Vidya Bhavan, Chandigarh Language Academy, Diploma in Foreign Languages, English and Foreign Languages University, Foreign Language Learning Pvt. Ltd., Global Language Training Institute, and India International Language Academy

Key Market Trends Fueling Growth

The language training market in India has experienced significant growth due to advanced technology integration. E-learning platforms like Babbel offer personalized learning paths and multimedia content. VR technology provides language practice experiences. Simulations offer practical learning scenarios for real-life language use. Institutions use digital language resources and language lab systems for comprehensive learning. These factors increase demand for language training, driving market growth. 

The Language Training Market in India is experiencing significant growth, with a growth in demand for proficiency in various languages. Skills like Spanish, French, German, Chinese, and Japanese are in high demand. Companies are looking for employees with multilingual skills to cater to their global clientele. E-learning platforms are playing a crucial role in making language training more accessible and affordable. Chatbots and virtual assistants are also being used to enhance the learning experience. The use of technology is transforming the way language training is delivered in India. The trend is towards more interactive and personalized learning methods. The future looks bright for the language training industry in India. 

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Market Challenges

The cost of accessing quality language training programs, educational resources, and technology infrastructure in India is a significant barrier to growth in the language training market. Individuals and organizations face financial constraints that limit access to valuable learning opportunities, particularly for those from economically disadvantaged backgrounds or in remote areas. Language learning course fees range from USD120 to USD421, and the high cost of online courses, study materials, and technology infrastructure can present significant financial hurdles. In rural areas, the lack of reliable internet connectivity and modern computing equipment further exacerbates the challenges of engaging in e-learning and virtual training. These factors are expected to hinder the growth of the language training market in India during the forecast period.The Language Training Market in India faces several challenges. One key challenge is the need to cater to a diverse population with various languages and dialects. Another challenge is the competition from free online resources and low-cost alternatives. Additionally, the lack of standardized curriculum and certification programs can make it difficult for institutions to differentiate themselves. Furthermore, the high cost of quality education and the need for flexible learning options can deter potential students. Lastly, the digital transformation requires language training providers to adapt to e-learning platforms and incorporate technology into their offerings.

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Segment Overview 

This language training market in India report extensively covers market segmentation by

End-user 1.1 Institutional learners1.2 Individual learnersLearning Method2.1 Classroom-based2.2 Online2.3 BlendedLanguage 3.1 English3.2 French3.3 German3.4 Spanish3.5 Others Business Model ( B2B, B2C, and B2G)Geography 4.1 APAC

1.1 Institutional learners-  The language training market in India serves a substantial group of learners in academic institutions, vocational centers, and corporations. These learners aim to boost their language abilities for academic, professional, and personal reasons. In academia, universities like JNU and EFLU provide specialized language courses for students and educators. Vocational training centers, such as NITHM, offer language programs for those entering industries like tourism and international trade. Corporate initiatives, including Wipro, Infosys, and Deloitte, provide language training for professional growth and intercultural communication. Digital language learning platforms, like Coursera for Campus and Rosetta Stone for Enterprise, cater to the unique needs of academic institutions, vocational centers, and corporations. These factors are driving the demand for language training among institutional learners in India.

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Research Analysis

The Language Training Market in India is experiencing significant growth due to the increasing demand for multilingual talent in multinational firms. Specialized courses in E-learning platforms are becoming increasingly popular, offering flexibility and affordability. Artificial Intelligence (AI) integration, through speech recognition and chatbot assistance, is revolutionizing language education. Qualified language instructors provide in-person tutoring to address linguistic gaps. Flexible pricing models cater to various budgets. AI-powered social robots are also being used to enhance language learning experiences. Language start-ups are emerging, offering innovative solutions in digital tutoring for English, Spanish, Chinese, French, German, Japanese, and Korean.

Market Research Overview

The Language Training Market in India is experiencing significant growth due to the increasing globalization and the rising demand for multilingual workforce. The market caters to various sectors such as BPOs, KPOs, IT, and education. English language training holds the largest market share, followed by other languages like French, German, Spanish, and Chinese. The market is driven by factors such as increasing foreign investments, growing tourism industry, and the need for effective communication in international business. The Indian government and several educational institutions are also promoting language training through various initiatives. The market is expected to continue its growth trajectory in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userInstitutional LearnersIndividual LearnersLearning MethodClassroom-basedOnlineBlendedLanguageEnglishFrenchGermanSpanishOthers Business Model ( B2B, B2C, and B2G)GeographyAPAC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Tabono Capital Announces Strategic Partnership with Invesco to Deliver Enhanced Investment Solutions for UHNW Clients

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SINGAPORE, Nov. 26, 2024 /PRNewswire/ — Tabono Capital today has announced a strategic partnership with Invesco that enhances investment solutions for ultra-high-net-worth clients.

Tabono Capital, a multi-family office based in Singapore, collaborates with Invesco, a global investment management leader with over US$1.7 trillion in assets under management. This partnership merges Invesco’s institutional-grade investment expertise, cutting-edge portfolio solutions, and comprehensive research capabilities with Tabono Capital’s strong relationships with ultra-high-net-worth (UHNW) families across the Asia Pacific and Middle East regions.

This collaboration enables Tabono Capital’s clients to benefit from the extensive resources and scale of Invesco’s capabilities. For Invesco, the partnership provides enhanced access to sophisticated investors in key growth markets.

Key elements of the partnership include:

Implementation and construction of model portfolios and asset allocation frameworksAccess to institutional-grade investment research and comprehensive market insights for UHNW clientsKnowledge sharing and collaboration on market intelligence and investor insights

Nirish Unni, CEO & Co-Founder of Tabono Capital, emphasized the significance of the partnership: “This partnership represents a significant milestone in our growth strategy. By leveraging Invesco’s world-class investment research and asset allocation capabilities, we can provide our clients with institutional-grade investment solutions while maintaining the personalized service they expect from a boutique multi-family office.”

Santosh Rao, Co-Founder and Chief Revenue Officer of Tabono Capital, added: “Our clients increasingly seek institutional-quality investment solutions with global reach. This collaboration with Invesco allows us to deliver exactly that, while maintaining our personalised approach to client service. Together, we will create portfolios designed to capture opportunities in key global markets while effectively managing risk.”

Christopher Hamilton, Asia Pacific Head of Client Solutions for Invesco, stated: “We’re proud to partner with Tabono Capital to bring our industry-leading offerings and capabilities to Asia’s expanding family office and UHNW segment. This is a compelling platform for investors to access comprehensive strategies that can help them meet their financial goals.”

About Tabono Capital

Tabono Capital is a multi-family office headquartered in Singapore, licensed by the Monetary Authority of Singapore (MAS) to provide Fund Management services. Co-founded by industry veterans and former private wealth managers Nirish Unni and Santosh Rao, the firm caters to ultra-high-net-worth families across the Asia Pacific and MENA regions, offering comprehensive wealth management and family office solutions. For more information, visit https://tabonocapital.com

Contact: team@tabonocapital.com

About Invesco

Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. With offices in more than 20 countries, our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. For more information, visit www.invesco.com/corporate.

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RedDrop Wins the $1 Million Dollar Grand Prize from Pharrell Williams’ Black Ambition to Empower Period Care Innovation in Teen-Focused Wellness

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ATLANTA, Nov. 25, 2024 /PRNewswire/ — RedDrop, a rising star in the wellness industry for its innovative period care products for tweens, is proud to announce that it won the $1 Million Dollar Grand Prize from Black Ambition.

In 2020, Pharrell Williams founded the non-profit organization Black Ambition to support Black and Hispanic Entrepreneurs to fuel future founders. This year celebrates its 4th Annual Black Ambition Demo Day, where over 250 guests gathered to hear eight finalists’ pitches and celebrate the brilliance of Black and Hispanic entrepreneurs. The event was supported by Visa, Comcast, Lennar Foundation, Louis Vuitton and Adidas. The panel of four judges, which included Lisa Price, Founder of Carol’s Daughter; Pinky Cole, Founder of Slutty Vegan; Matt Story, Vice President, Global Brand Integrated Marketing at Visa; and Erik Moore, Founder & Managing Director, Base Ventures determined the top winners to an enthusiastic audience.

As one of the few brands chosen for this highly competitive program, RedDrop will benefit from Black Ambition’s extensive mentorship network, funding, and resources to amplify Black and Hispanic founders and their brands. With a focus on providing personalized wellness solutions and empowering tween girls, RedDrop is excited to partner with industry leaders to scale its impact and reach new audiences. 

“We’re beyond thrilled to be the grand prize winners of this year’s Black Ambition Prize Competition! Having $1 million to invest in our business is life-changing and will give us opportunities to grow and continue to impact our community,” said Dr. Monica Williams, Co-Founder and CEO of RedDrop. “And while the prize money is great, the mentorship and network provided by Black Ambition is priceless and will allow us to open doors that were previously closed and to start building our own table so we can invite others to have a seat.”

One of Black Ambition’s key initiatives is to encourage and support Black and Hispanic founders with funding, mentorship, and network support as each founder develops their footprint in their industries. Black Ambition has awarded over $2.7 million to 30 trailblazing founders across AI, Consumer Products and Services, Healthcare, Media & Entertainment, and Tech. In addition to the $1 Million grand prize, RedDrop will have access to industry veterans, office hours with investors and senior leaders, exclusive invitations to retail partnership meetings, wellness and executive coaching, and more for the next six months. 

Through access to industry veterans, strategic insights, and capital support, RedDrop is poised to take its mission to new heights while promoting wellness solutions that resonate with diverse and underrepresented communities. RedDrop’s inclusion in the Black Ambition network marks a significant milestone in the company’s journey to revolutionize how tween girls connect with wellness products that align with their unique needs and values.

To connect and learn more about RedDrop, please visit www.tryreddrop.com. Follow us on  Instagram (@reddrop), Facebook (@reddropco), Youtube (@tryreddrop), X (@reddrop) and TikTok (@reddropco) to stay up to date with us.

About RedDrop
RedDrop is a wellness brand committed to creating inclusive and innovative period products for tween girls to feel their best during their new stage of life. With a focus on properly sized period products and education-backed solutions, RedDrop is revolutionizing the way consumers approach health, wellness, and self-care.

Media Contact
Sterling Jones
Marketing and Communications Specialist
media@reddrop.co
www.tryreddrop.com

Photos: Getty ImagesJason MendezBlack Ambition

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Chaaat.io to Release Bookingz, a Booking Personal Assistant to Streamline Appointment Scheduling

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HONG KONG, Nov. 26, 2024 /PRNewswire/ — Chaaat.io, an emerging leader in providing user-friendly tools for customer acquisition, engagement, and retention, is excited to announce the launch of its latest feature: Bookingz.

Designed to deliver a seamless booking experience, Bookingz allows users to schedule appointments entirely through WhatsApp. This launch arrives at a time when businesses and individuals are increasingly seeking efficient ways to interact with customers on platforms they use daily, as communication channels like email are dwindling in performance. WhatsApp, with its 2 billion active users, has become a central communication hub for both individuals and businesses. Bookingz enables businesses of all sizes to offer efficient, convenient appointment booking directly through WhatsApp.

Simplifying Making Bookings

Bookingz transforms the customer journey in several key ways. Businesses that sign up with Bookingz can send a WhatsApp link to their customers, who can then experience a fully streamlined booking process that stays within WhatsApp, eliminating the friction of switching between apps or websites.

Bookingz manages the process on behalf of the business, eliminating the need for the business owner or representative to tediously go back and forth suggesting availabilities. Users can simply request availabilities and then confirm a booking, all from the safety of WhatsApp.

Bookingz also delivers a much higher click-through and booking rate than email. The platform leverages WhatsApp’s high open rates – roughly 80-90%, compared to the meager 5% standard open rates offered by email, to send reminders and follow-ups that customers are more likely to see, ensuring appointments are top-of-mind and helping avoid no-shows and last-minute cancellations.

Keeping things in one place

Beyond streamlining the booking process, Bookingz enhances customer engagement by staying within the familiar and trusted space of WhatsApp. This user experience approach increases booking rates by reducing the enormous friction that business owners will see with alternative booking solutions that force customers to download apps, sign up and/or log in.

End users can make a booking with businesses by sending a WhatsApp message, with the assistant guiding them through each step in real time. Whether booking an appointment, scheduling a consultation, or arranging a meeting, customers can request and secure bookings without leaving the app. For businesses, this user-friendly design requires no technical skills and can be launched with just a few clicks.

The Future of Customer Interaction

With the launch of Bookingz, Chaaat.io is setting a new standard for customer engagement and service. By simplifying the process of offering booking services through WhatsApp, Chaaat.io is reshaping the accessibility of booking automation. This democratization of business tools allows even the smallest companies to leverage advanced features and deliver exceptional customer experiences.

As businesses prioritize customer experience and seek personalized, convenient interactions, Chaaat.io‘s innovations are poised to influence how SMEs communicate with customers around the world. Bookingz is just one of many Chaaat.io features designed to help companies strengthen customer relationships, enhance engagement, and drive revenue growth.

In today’s evolving digital landscape, tools like Bookingz are essential for any modern, customer-focused business to keep up with modern customer behavior.

For more information or to join the wait list, contact James Hogan at support@chaaat.io

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