Imarticus Learning preps for upcoming ₹750 Cr IPO –  Reshaping India’s skilling landscape

The Mumbai-based edtech company Imarticus Learning is preparing for an IPO within the next 4 to 5 months and is aiming to raise ₹750 crore via a combination of a fresh issue and an offer for sale for the existing shareholders.

The company was founded by Nikhil Barshikar in 2012. Over the past 7 to 8 years, the company has distinguished itself in the edtech sector and has maintained profitability. In FY25, a 16% year-on-year revenue growth of around ₹205 crore was reported, along with a 100% growth in EBITDA.
Imarticus appointed IIFL Securities as its lead banker for the IPO. The company will become the second edtech after PW (PhysicsWallah), which filed its IPO of ₹4,500 crore confidentially.

“The platforms which the institutes tie up with can bring the industry expertise which can be blended with the academic domain of teachers” The platforms that can ensure the best industry support and expertise will win the game in the long run.” Barshikar expressed in an interview.

Imarticus Learning is a platform that offers a variety of upskilling programs in finance, analytics, tech, and management. The platform has over 40,000 learners who upskill themselves. The IPO initiative comes at a time when the Indian edtech industry is transforming and also reviving. Investors are showing interest in the sector and it is positioned to grow with stability.