Singapore's Temasek invests $60 million in Upgrad, maintaining a $2.25B valuation, while founder Ronnie Screwvala increases his stake to 45 per cent amid strategic changes for growth
The firm has created a specialised course with nine comprehensive modules and virtual classrooms
The not-for-profit Swades Foundation is founded by Entrepreneurs and investors Ronnie and Zarina Screwvala
The Physics Wallah app has 2 million users logging in daily and spending 80 minutes
Speaking at the second edition of the ASU+GSV & Emeritus Summit in Gurugram, he emphasized that "one rotten apple" should not affect the entire edtech sector
Initial reactions have been strong, with over 500 career counselling sessions in the first 30 days. The goal is for the 100 centres to counsel over half a million individuals on their career moves
The edtech stated that it was a routine survey, and that it was fully compliant
upGrad is evolving to become Asia's largest integrated learning, skilling, and workforce development and placement company
Major investors in the rights include co-founder Ronnie Screwvala (Rs 212 cr) and Singapore-based Temasek (Rs 81 cr)
upGrad works with over 400 global companies to upskill their talent
Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs
In a studied contrarian move, the Ronnie Screwvala-led edtech company is on a hectic expansion spree
Signs up new leases for 335K sq ft space in Mumbai, Bengaluru, Pune and Noida
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The move comes at a time when many unicorns recently fired employees in an attempt to conserve cash and focus on profitability amid steep losses and a funding winter
Company led by entrepreneur Ronnie Screwvala is on an acquisition spree and last month bought Exampur, a test-prep provider for state jobs
Family friend and NCP leader Supriya Sule joins hundreds of SP group employees and others at the funeral Tuesday morning. Reliance Jio chief Akash Ambani among mourners
Bucking the slowdown trend within the edtech sector, upGrad said it has remained bullish with its program completion rate of 80 per cent
As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount
India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC