Indian state chooses KNOLSKAPE as knowledge partner for fintech initiative

A Modern Workplace Learning company KNOLSKAPE announced that it has been selected as a knowledge partner for the Indian state Andhra Pradesh government’s new fintech initiative.

KNOLSKAPE will develop a fintech curriculum by partnering with leading universities in the state, along with banks and companies in the fintech space, the release said. The selection of KNOLSKAPE will play an important aspect of Andhra Pradesh government’s move to develop Visakhapatnam into a 'Fintech Valley' to promote innovation in financial services.

"I see a bright future in banking BFSI and FinTech for those pursuing management and engineering degrees. Skills development is a fundamental foundation block to enable this. Sensing there will be a paradigm shift in the jobs of the future, being digital will be a prerequisite. As a global top 20 gaming company, we will utilize our deep expertise to promote digital readiness and expertise to promote Andhra Pradesh as a leading light for the digital and fintech readiness", Rajiv Jayaraman, CEO & Founder of KNOLSKAPE, said.

KNOLSKAPE boasts clients of over 200 companies in 17 countries, who transform employee learning and prepare their organizations for the digital age. The company uses experiential technologies to accelerate learning, transform employee experience and boost productivity in four important areas leadership development, sales effectiveness, digital transformation, and frontline development.

The state inaugurated technology-based financial services and academic center ‘Fintech Towers’ in Visakhapatnam. There will also be a new fintech university International Institute of Digital Technology, on the lines of ISB, Hyderabad. Also, the Indian state recently introduced blockchain technology in some departments to fight cyber crime and protect its database from getting hacked.