Acquisition · Education & Skilling

Imarticus acquires BELLS for ₹800 Cr to expand AI training

By Startup Enthusiast · 3 August 2026

What they do

Imarticus offers professional and corporate education in finance and technology across India

It acquired Singapore's BELLS Institute for ₹800 Cr to strengthen its enterprise learning capabilities

The combined entity will launch an AI school and target an IPO within a year

Imarticus Learning has acquired Singapore's BELLS Institute of Higher Learning in a deal valued at ₹800 Cr.
This marks Imarticus's second acquisition within a year following the purchase of MyCaptain.
The strategic goal is to strengthen capabilities in enterprise learning, AI, and data analytics.
The combined entity will have over 1,100 employees and more than 25 offices across India and Singapore.
Imarticus plans to launch the BELLS School of AI for working professionals and recent graduates.
Indian learners will gain access to Singapore exchange opportunities and ASEAN career pathways through this deal.
Singapore learners will get access to Imarticus programmes in finance, data science, and technology.
Imarticus is gearing up for a ₹1,000 Cr IPO after this expansion move.

The acquisition supports Imarticus's plan to list on public markets soon.
If listed, it would join edtech startups tapping public markets after PhysicsWallah's IPO last year.
Klassroom also made its BSE SME debut around the same time period.
The deal expands Imarticus's footprint across ASEAN markets significantly.
BELLS has strong partnerships with the Singapore government and SkillsFuture Singapore.

Imarticus was founded in 2012 by Nikhil Barshikar and Sonya Hooja.
It offers professional education, executive education, and corporate training in finance and technology.
The company also provides undergraduate education via the Imarticus School of Finance & Business (ISFB).
Imarticus runs career launch programmes, Prodegrees, and global certifications for students.
It participates in government skilling initiatives to support workforce development.
BELLS operates seven training centres in Singapore with a network of over 1.50 Lakh alumni.
BELLS partners with enterprises across the region and the Singapore government.
The combined entity impacts over 1 Mn learners globally.
Imarticus focuses on high-demand skills like data science and financial analysis.

Imarticus plans to launch the BELLS School of AI for various learner segments.
The company aims to expand its presence across ASEAN markets.
Imarticus is preparing for a potential ₹1,000 Cr IPO.
Cross-border educational exchanges between Indian and Singaporean learners will begin.