GenSpark acquires Bangalore-based technology talent solutions firm ProGrad as part of strategic initiative to expand reach and operations in India.
New Delhi, India, April 15, 2024 – GenSpark – a business unit of Pyramid Consulting and a leading provider of technology training and development solutions – announces the acquisition of ProGrad, an Indian technology talent solutions firm, to expand existing operations in the Indian and APAC markets. ProGrad will now operate as GenSpark India, and Ram Prakash G will lead the business. Co-founders Siddharth P and Akarsh Agrawal will also join GenSpark.
“We are thrilled to welcome ProGrad to the GenSpark family,” said Vishak Mallya, head of the GenSpark business unit and EVP at Pyramid Consulting. “ProGrad’s innovative approach to technology education perfectly complements our mission of developing a skilled and qualified workforce. Together, we will be able to offer a wider range of programs and services to meet the growing demand for technology talent in India,” he added.
“This acquisition is a significant step forward for GenSpark and Pyramid Consulting,” said Sanjeev Tirath, CEO of Pyramid Consulting. “ProGrad’s strong track record and commitment to quality align perfectly with our values, and we are confident that together we will grow as a leading force in technology talent development in India,” he added.
Founded in 2021, ProGrad has established itself as a notable player in the technology talent development sphere, boasting a reputable clientele of over 20 technology organizations and a solid network of institutions and channels for talent sourcing. In a strategic move that capitalizes on the massive opportunity presented by the Indian technology talent market—estimated by NASSCOM to be worth over $200 billion by 2025—the acquisition by GenSpark not only strengthens its presence in the Indian market but also allows ProGrad to tap into GenSpark’s extensive resources and global client base. This merger synergizes ProGrad’s specialized expertise in sourcing and training with GenSpark’s legacy in talent development and technology, positioning the combined entity as a formidable force for nurturing technology talent in India and delivering high-quality programs.
“We are excited to join forces with GenSpark,” said Ram Prakash G, Co-founder and CEO of ProGrad. “This acquisition will enable us to scale our operations, expand our program offerings, and reach a wider audience. I am confident that together, we can make a significant impact on the Indian technology talent ecosystem,” he added.
GenSpark is a division of Pyramid Consulting, a global leader in workforce and technology solutions that helps clients navigate competitive and challenging markets. Its award-winning family of brands — Pyramid Talent, Celsior, and GenSpark — operate together to deliver seamless integrated solutions through multiple delivery models across five continents and 25+ countries. Founded in 1996 and headquartered in Atlanta, Pyramid Consulting serves 125+ Fortune 500 companies across all major industries by engaging 6500+ consultants.
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