Torus Primero aims to provide vocational training to

1 mn in 18 months

Torus Primero Edutech, a joint venture of Cosmea Financial Holdings and

Primero Skills and Training, on Tuesday said it aims to provide vocational
training to 1 million youth across 40 sectors over the next 18 months.

Torus Primero Edutech plans to target the Indian skill, education and edutech
sector, which is estimated to be a USD 300 billion opportunity by the end of
this decade, by using technology to offer its courses and industry recognised
certifications, said a release.

"Torus Primero Edutech aims to provide skilling, reskilling and upskilling to

participate in the global knowledge economy and lead to better employability
opportunities. This will contribute to the Government of India's Skill
Development initiative and is in line with the National Education Policy 2021,"
it said.

Using an intuitive technology platform, the company will provide new age
skills across high growth sectors, like finance, retail, hospitality and
healthcare, in India and the Middle East.

"We further plan to align over a million jobs for our trainees in the next five
years through this platform, said Jayanta Das, CEO, Torus Primero.

The company also plans to adopt a hybrid training model (both online and
offline presence) for its courses with focus on reaching out to individuals
between 16-30 years through various channels.

The JV will also focus on the North East region, where it sees a great potential,
and will be expanding its online and offline presence in these states, the
release said.

Sensitivity: LNT Construction Internal Use

 Torus Primero Edutech is the fourth initiative being launched by Cosmea
Financial Holdings (CFH) under its portfolio. Cosmea Financial Holdings is a
financial services startup.

Source: https://www.business-standard.com/article/companies/torus-primero-aims-to-provide-
vocational-training-to-1-mn-in-18-months-122031501238_1.html

Sensitivity: LNT Construction Internal Use