NEW DELHI: Skill development and training solutions firm Skills Academy Tuesday announced the acquisition of the Indian subsidiary of the UK-based A4e company.

According to the skills developer, the acquisition will allow it to enhance reach into new areas across different states in India and also leverage the varied experience of existing A4e employees to help increase the scale of the business.

"There is a terrific synergy between the activities carried out by Skills Academy and A4e India and the vision of both the companies," said Pia Singh, co-founder, Skills Academy, and director, realty major DLF.

"This provides us with immediate scale, adds experienced teams in states where we want to operate plus provides us with a good pipeline of contracts."

The acquired company provides skill development, training and placements across various industries and different States in India.

A4e India has extensive experience of working in rural, tribal areas and difficult terrain with an impressive placement record in excess of 75 percent of the learners they have trained.

Skills Academy has been established with the combined vision of making India a true "knowledge economy" by bringing credible investment in the job related skills, and aims to provide employment opportunities to youth across the country, thus, making them job ready.

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