Please find the attached press release for Partnership with HCL Group.
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Humming Bird Education has announced a strategic partnership with Vama Sundari Investments, an HCL Group company, to handle national outreach and registrations for the HCL Jigsaw Assessment — a critical thinking Olympiad for students in Grades 6 to 9. The assessment will be free for students, but Humming Bird will earn revenue on a per-examination basis, creating a new recurring income stream. The company will leverage its network of 4,500+ partner schools, 42 relationship managers, and reach to over 1,00,000 educators to drive participation. The partnership also opens doors for bundled Combo Olympiad + Jigsaw offerings and potential future collaborations within the HCL ecosystem.
Positive for shareholders — this adds a scalable, recurring revenue vertical beyond existing Olympiad offerings and boosts brand credibility through association with HCL, a $12+ billion global enterprise. Stock may see short-term sentiment uplift given the marquee partnership announcement.