Virtual training platform StepUpwards promises 10 times return on investment for firms

Virtual training platform StepUpwards promises 10 times return on investment for firms

Through virtual training, employees can access traditional upskilling programs from a distance, and are supported by personalised course content.

FPJ Web DeskUpdated: Thursday, May 04, 2023, 04:11 PM IST
article-image
Representational image |

Once a firm brings new employees on board, the next step is to help them get acquainted with tools and systems used for day-to-day operations, or to upskill them for the company's requirements. Recently, Wipro fired hundreds of freshers, after they failed to perform well on an internal test to gauge their skills.

That's where virtual training programs take over from online courses that helped people sharpen skills, and Bengaluru-based startup StepUpwards is empowering employees through the same.

Promises high return on investment

Founded by a tech veteran from the US, a serial entrepreneur from Mumbai, and an IIM dropout from Bengaluru, the firm offers a training platform that deploys a virtual instructor.

Meant to prepare professionals for the future, StepUpwards has so far been able to help companies gain ten times return on investment, and is now eyeing an entry into US and UK markets.

Need of the hour

So far the startup has worked with well-known names such as CarDekho and Sakha Globa, among other leading firms.

Through virtual training, employees can access traditional upskilling programs from a distance, and are supported by personalised course content.

This tool comes in handy at a time when rapid digitisation is creating a need for a future-ready workforce.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Mumbai News: MGL Slashes Prices Of CNG & Domestic PNG In MMR; Check New Rates

Mumbai News: MGL Slashes Prices Of CNG & Domestic PNG In MMR; Check New Rates

Musk Says Not Making US Dollar 142,690 Every Minute, Losing 'Way More'

Musk Says Not Making US Dollar 142,690 Every Minute, Losing 'Way More'

Tata Motors Registers Total Sales Of 2,43,024 Units In Q2 FY24

Tata Motors Registers Total Sales Of 2,43,024 Units In Q2 FY24

Hyundai Reports Highest Ever Monthly Sales In September At 71,641 Units

Hyundai Reports Highest Ever Monthly Sales In September At 71,641 Units

New York: ChatGPT-Generated Versions Of Copyrighted Books Surface On Amazon; Authors File Lawsuit

New York: ChatGPT-Generated Versions Of Copyrighted Books Surface On Amazon; Authors File Lawsuit