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Wednesday, July 17, 2024

LearnEX by C.R.A.F.T Academia: Transforming Training in the BFSI Sector


The BFSI sector’s dynamic environment requires innovative training solutions, and C.R.A.F.T Academia Pvt. Ltd. is leading this transformation with LearnEX, their mobile training app. Established in 2019, C.R.A.F.T Academia has developed LearnEX to offer adaptive training modules that cater to each employee’s unique learning pace and comprehension level.

 

Debraj Das, the mastermind behind C.R.A.F.T Academia, explains the company’s unique approach: “Employee training is tricky, both in terms of efficacy and cost. We are adaptive both in our training approach and as a company.” This philosophy is at the heart of LearnEX, ensuring that training is both accessible and impactful for employees at all levels.

 

One of LearnEX’s significant achievements is its ability to support small companies without dedicated Learning & Development (L&D) budgets. Through a mobile-based Learning Management System (LMS) with multilingual features, LearnEX has made training accessible and cost-effective for companies in remote locations. This innovative solution has positioned LearnEX as the go-to L&D resource for numerous small Non-Banking Financial Companies (NBFCs), showcasing its broad impact.

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Initially, the adaptive learning model faced skepticism from industry professionals. “We were laughed off by L&D heads when we said that maximum benefits of training could be achieved through our concept,” recounts Debraj. Undeterred, C.R.A.F.T Academia conducted numerous free proof-of-concept projects to prove the efficacy of personalized learning journeys. This strategy paid off, with LearnEX becoming a trusted training partner for leading financial institutions like ICICI Bank, Axis Bank, Kotak Mahindra Bank, and YES Bank.

 

A standout moment for LearnEX was when it secured a deal against a larger competitor by proposing a performance-based fee structure. This bold move demonstrated C.R.A.F.T Academia’s confidence in their adaptive training capabilities and validated their approach.

 

C.R.A.F.T Academia Pvt. Ltd. and LearnEX are not just improving training in the BFSI sector; they are pioneering a new era of adaptive learning. Their story is a powerful example of how innovation, dedication, and a deep understanding of industry needs can drive revolutionary change. Learn more about their transformative solutions .


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