upGrad, Asia’s largest integrated career skilling and workforce development company integrates its diversified study abroad portfolio with a wide range of blended and online courses to become the market leader. “Ranging from market-ready skilling programs to assuring the last-mile connectivity with global recruiters, we have built a one-stop spectrum to enable the learning and placement needs of…
Tag: Mayank Kumar
upGrad appoints Brijesh Nain as Business Unit Head, Paras Jhaveri as VP – Finance
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•upGrad, Asia’s largest higher Edtech Company, has announced two strategic appointments to further strengthen its domestic footprints, effective November 2022. Brijesh Nain and Paras Jhaveri have joined the global higher edtech company as the Business Unit Head and Vice President – Finance, respectively. Nain, in his new role, will focus on strengthening upGrad’s Sales and Marketing…
IEC-member companies invest INR 3500 crores on Teachers, Faculty, Content & Pedagogy in FY22
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•India Edtech Consortium (IEC), the self-regulatory body formed under the aegis of IAMAI, revealed the results of a recently conducted Survey on teachers to assess the efficacy and quality of education the Edtech companies are driving within the country. In self-reported data, IEC member companies have also highlighted that a spend of about INR 3500…
upGrad raises $210 mn in a fresh funding round
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•Edtech unicorn upGrad announced it has raised $210 million in a fresh funding round from marquee investors. upGrad, in a statement, announced that it has raised $210 million in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others. Moreover, the founder group also invested $12.5 million in this round to…
Saurabh Deep Singla joins upGrad as CHRO
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•Edtech major upGrad announced the appointment of Saurabh Deep Singla as Chief Human Resource Officer, effective July 13. With over two decades of experience across both corporate and business HR roles, Singla will be responsible for creating a strategic roadmap for upGrad and its divisions while also addressing HR complexities across levels for driving sustainable…
Work Better joins upGrad for Business
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•upGrad for Business, the B2B arm of Asia’s higher edtech major upGrad, has onboarded Swapnil Kamat, CEO – Work Better, and his team to strengthen its Enterprise L&D offerings. Founded in 2008, the Mumbai-based Work Better is India’s leading Soft Skills Training, Sales Training & Leadership Training company, that helps boost productivity in the workforce, through their result-focused learning…
Global edtech major upGrad raises $120M from Temasek
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•upGrad, South Asia’s largest online higher education company, announced that it has raised USD 120 million from Temasek, a global investment company headquartered in Singapore. This is the first external funding raised by the edtech major. Since its founding six years ago in 2015, upGrad has been 100% owned, funded, and run by its co-founders…
upGrad acquires The Gate Academy, forays into test preparation market
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•upGrad, India’s largest online higher education company, announced its entry into the test preparation market with the 100% acquisition of The Gate Academy (TGA) for an undisclosed amount. Bengaluru-based TGA is one of India’s premier coaching institutes with 57 centers across India and 76 million video hours consumed by its almost 2 lakh enrolled learners…
Ronnie Screwvala’s upGrad earmarks Rs50 cr to acquire edtech firms this fiscal
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•upGrad, an online higher education platform, has earmarked Rs 50 crore for acquiring two-three peers during the current fiscal, the company said to the PTI. However, the company did not disclose the name of the companies that it plans to acquire. “We are in active discussions. There are some interesting opportunities in these times and…
upGrad brings placement opportunities for job seekers in 300 Indian cities
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•upGrad, an online higher education company, partners with major corporates across BFSI and Technology sector to provide placement opportunities to the remotest corners of India with over 300 cities, thereby getting ‘Bharat’ to work. The initiative is being undertaken by the upGrad Academy Business vertical, which extends upskilling opportunities to the first-time job seekers and…