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
In a Q&A, the upGrad chief said it is a 'lame excuse' for founders for tech unicorns to blame the situation on factors like the war in Europe and funding crunch
Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.
Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media
The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there
The company plans to use this new round of capital to fuel its aggressive expansion plans in India as well as abroad
The pandemic-driven work-from-home and the resultant demand for upskilling/reskilling have helped higher education major Upgrad, which recently turned a unicorn with a valuation of USD 1.2 billion, double the learners base on its platform in just eight months, crossing the 2-million mark. During the first wave of the pandemic, the platform had doubled its customer base to 1 million in ten months (by January 2021) and had set a target of crossing the 2-million mark in 18 months since then, but it achieved the same in just eight months. By crossing 2 million learners base as of today, Upgrad has become the largest online higher education platform in the country, co-founder and chairman Ronnie Screwvala told PTI on Monday. The company, in which investors such as Temasek, the IFC and IIFL collectively own close to 30 per cent, said the faster growth has been propelled by its strategic merger and acquisitions (M&As) as well and includes international learners driven by the brand's ...
Eyes $400 million at 5 times current value
Entrepreneur says his upskilling startup is targeting $2 billion in revenue by 2026.
Clocks revenue of Rs 100 cr in March; set to acquire two start-ups to strengthen presence in higher education sector
The tender document has been divided into four divisions. You can bid for one of the parts or the total package
upGrad has earmarked Rs 500 crore for investments in the next 18-24 months for its overseas expansion
Of the Rs 175-crore, Rs 100 crore will be spent on the offline medium and Rs 75 crore on digital in a sustained campaign spaced throughout the year, said Screwvala
Here's a selection of Business Standard Opinion pieces for the day
Over a fish and salad lunch, Screwvala talks to Pavan Lall about why he's betting big on online education, how a crocodile disrupted his charitable work and what India needs to do to fix the economy
According to experts, the target audience for these sports is pretty varied, and hence the same advertiser may not want to advertise on all the sports
This time around, Screwvala is going by the philosophy of small is big, and is focusing on creating cross-platform content