FinX Acquires BSE Institute For INR 16.9 Cr To Expand Into AI Training

FinX, a financial services-focussed skilling startup has acquired the entire training division of the Bombay Stock Exchange (BSE Institute) for Rs 16.9 crore (about $2 million) in an all-cash deal.

FinX said this move will help it offer more training programs in new technology areas like cybersecurity, data science, AI and IT. 

It will also help the company grow its client network, training facilities and range of courses.

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FinX plans to use BSE Institute’s training centers in Mumbai, Delhi and Kolkata to grow its operations.

“With this enhanced product portfolio, FinX will provide a comprehensive suite of programs to address the evolving needs of both financial services and technology sectors, offering cutting-edge training solutions for the next-generation workforce," said, Himanshu Vyapak, cofounder & CEO of FinX .

About FinX 

Founded in 2019 by Himanshu Vyapak and Upasana Koul, FinX offers certificate courses and workshops to help students get ready for jobs in banking, financial services, and insurance (BFSI). It also says it helps students find jobs after training.

So far, FinX has partnered with over 400 colleges and universities across India to offer its courses.

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