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…
Edtech unicorn upGrad has completed an internal rights issue worth Rs 300 crore, amid a challenging climate where venture funding for the sector appears to be dwindling, according to moneycontrol report. In a statement, the company said that existing shareholder Temasek contributed Rs 81 crore, while upGrad co-founder and chairperson Ronnie Screwvala contributed Rs 212…
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…
Harappa Learning – part of Asia’s largest higher edtech company upGrad, today unveiled plans to create a one-of-its-kind Leadership School to build the Owners & top management of tomorrow. Pramath Raj Sinha, Founding Dean of ISB & Chairman of Harappa Education and someone who has transformed management education, will lead this initiative that commits to training over 50,000 working…
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…
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…
upGrad for Business (uGB), the B2B arm of edtech major upGrad, has expanded its executive leadership team with strategic hires to bolster the growth of its outcome-based learning approach for corporates across India. The addition of Ketaki Kadekar as Director – Customer Success and Growth and Dolphy Dias as the Director – Sales, to the…
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…
Edtech unicorn upGrad has appointed Vikram Vyas as Vice President – Growth, International Sales for the APAC and EMEA regions. In this new role, Vyas will be responsible for strengthening the company’s presence and gaining a dominant market share globally. Vyas is an industry veteran with over 20 years of experience across countries and cultures…
upGrad, South Asia’s online higher education company, has named Yogesh Nehra as its President – Technology. In the new role, Yogesh will be heading engineering teams and digital transformation initiatives including application architecture and product conceptualisation. Commenting on the investment, Mayank Kumar, Co-Founder and MD, upGrad, stated, “We are thrilled to have Yogesh join the upGrad…
Edtech major upGrad has closed a $185-million funding round at a valuation of $1.2 billion, thus entering the coveted unicorn club. Singapore’s Temasek Holdings Ltd, the World Bank’s International Finance Corporation and IIFL participated in the funding round. “We are pleased with the investor interest ever since we opened up for fundraise, and had our…
Edtech major upGrad announced the appointment of Jeetender Singh as the Head of Business for its Degrees’ vertical, which comprises 3-years Bachelors’ Degrees and 2-years Masters’ Degrees in India. The Implementation of Budget Announcements 2020-21 released with the Union Budget 2021, reckons that the relaxations in regulations governing online and distance education will lead to 239 institutions…
India’s edtech major, upGrad, announced it has acquired Impartus, a video-enabled solutions provider, and committed over Rs 150 crore for the buyout and to invest in its growth, according to ETTelecom report. Kaizenvest was the institutional investor partner for Impartus for this deal. Impartus, now a 100% subsidiary of upgrad, has been rebranded as ‘upGrad…
upGrad for Business, the B2B arm of South Asia’s education company upGrad, has launched Education@Work – A Corporate Digital Campus, wherein upGrad will enable organisations with 100+ education courses for their employees across MBA Degrees, Data, Technology, and Behavioral disciplines. Talking about the new launch, Minaxi Indra, President & Head, upGrad for Business, said, “Recent…
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…