Digital Adoption Solutions, Whatfix has announced the acquisition of Nittio Learn, a learning management system, amid a groundbreaking quarter. The acquisition will advance the company’s application training capability by making learning more personalized, adaptive, and rich. Nittio Learn's toolset including additional content options, assessment capabilities, and training course allocation. Whatfix called it is a natural fit to make it a comprehensive digital adoption platform for organizations. New learners will also experience a drastically reduced ramp-up time for learning; a core value of Whatfix.
“The business shift to remote work over the last year has solidified the importance of employee adoption of the enterprise technology stack, as larger and more permanent segments of workers connect to the workplace through software exclusively,” said Khadim Batti, CEO and co-founder of Whatfix. “We’re delighted to get Nittio Learn onboard on our journey. They will provide our customers with all the necessary tools to execute such a massive digital transformation effort. We are continuously reimagining Digital Adoption alongside our customers as we grow and expand into new markets over the next year and beyond.”
This acquisition comes on the heels of Whatfix’s most successful quarter to date.
The company achieved quarterly growth of 100% on a YoY basis for the past 2 consecutive quarters. Other milestones include closing new partnerships and enterprise customers. It also secured series D funding, earned recognition from top analyst firms and industry awards.
“We’re excited to add Nittio Learn’s value proposition to Whatfix’s industry-leading digital adoption solution.” said Gagandeep Josan, CEO & Co-founder, Nittio Learn, an Upekkha backed start-up. “Nittio Learn has been helping Learning & Development teams build learning experiences that reduce training turn-around and ramp-up time for today’s digital workers. Whatfix, with their laser focus on helping customers overcome technology complexities is a perfect match for our product and our team.”
Nittio Learn is used by South Asia’s largest e-commerce and retail companies to train their employees. The co-founders Gagandeep and Aravindan along with their team have joined Whatfix; thus, bringing in their rich expertise in the learning domain.
The recent $90 million Series D funding round led by SoftBank Vision Fund 2 also touted a 3X increase of Whatfix’s valuation over 15 months. It saw an increase in revenue by 3X and a headcount increase over the last two years. The company also opened three new offices in the UK, Germany, and Australia. Thus, Whatfix now has 500 employees across six offices globally.