Draft:UpGrad

upGrad Inc. Acquires Global EdTech Company KnowledgeHut

Retrieved on: 
Wednesday, August 4, 2021
LinkedIn, Recruitment, Human resource management, Industrial and organizational psychology, Labor, Draft:UpGrad

ATLANTA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Global online higher education provider upGrad announced today that it has acquired global EdTech company KnowledgeHut. This comes within weeks of upGrad earmarking $250 million for Mergers & Acquisitions to drive non-linear growth for the next seven to nine months.

Key Points: 
  • ATLANTA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Global online higher education provider upGrad announced today that it has acquired global EdTech company KnowledgeHut.
  • Given our position in global markets, this synergy with upGrad will further strengthen and support that vision.
  • upGrad is #1, LinkedIn Top Startups India 2020 and is in Top 50 of the FT Asia-Pacific High-Growth Companies 2021 and the GSV Global EdTech 50.
  • KnowledgeHut is a global ed-tech company, equipping the worlds workforce with the skills of the future via outcome-based immersive learning.

upGrad Inc. budgets $250 Million for mergers and acquisitions in global higher EdTech

Retrieved on: 
Thursday, July 8, 2021
Educational technology, Draft:UpGrad

ATLANTA, July 08, 2021 (GLOBE NEWSWIRE) -- upGrad, one the worlds leading higher EdTech platforms, today announced it is budgeting $250 million for mergers and acquisitions (M&A) over the next nine months.

Key Points: 
  • ATLANTA, July 08, 2021 (GLOBE NEWSWIRE) -- upGrad, one the worlds leading higher EdTech platforms, today announced it is budgeting $250 million for mergers and acquisitions (M&A) over the next nine months.
  • Screwvala noted that upGrad raised its first capital from outside investors this year, including $160 million from Temasek and IFC.
  • Founded in 2015, the international edtech leader has impacted over 1 million total registered learners over 50+ countries across the world.
  • It is also amongst GSV Global EdTech 50 and has ranked amongst the Top 50 in the FT Asia-Pacific High-Growth Companies 2021.

upGrad Intends to Close March 2022 at Half a Billion-Dollar Revenue Run Rate

Retrieved on: 
Wednesday, June 2, 2021
Ronnie Screwvala, LinkedIn, Startup company, Companies, Economy, Business, Draft:UpGrad

ATLANTA, June 02, 2021 (GLOBE NEWSWIRE) -- upGrad, South Asias largest online higher education company, in its recently held company meeting announced that it intends to close March 22 at half a billion dollar revenue run rate.

Key Points: 
  • ATLANTA, June 02, 2021 (GLOBE NEWSWIRE) -- upGrad, South Asias largest online higher education company, in its recently held company meeting announced that it intends to close March 22 at half a billion dollar revenue run rate.
  • Highlighting the future of online higher education, upGrad Co-Founder and Chairman Ronnie Screwvala firmly believes higher edtech is the frontrunner in the overall education space.
  • By March 2022, the working professional segment will continue its annual growth rate of 100% and the international markets will launch and contribute another 50%.
  • This is the third time in a row that upGrad has been featured in the LinkedIn Top Startup list after 2018 and 2019.

 upGrad Aims to Close March 2022 at Half a Billion-Dollar Revenue Run Rate

Retrieved on: 
Tuesday, June 1, 2021
Technology, Other Technology, Software, Networks, Internet, Other Education, Training, University, Data management, Education, Market segmentation, Marketing strategy, Total addressable market, Draft:UpGrad

upGrad, South Asias largest online higher education company, in its recently held company meeting announced that it aims to close March22 at half a Billion Dollar Revenue Run Rate.

Key Points: 
  • upGrad, South Asias largest online higher education company, in its recently held company meeting announced that it aims to close March22 at half a Billion Dollar Revenue Run Rate.
  • upGrad today has the largest repository (and growing) of online case thesis and studies across the globe.
  • In the last 9 months and the coming 6 months upGrads TAM (Total Addressable Market) will cross USD 100 Billion.
  • By March 2022, the working professional segment will continue its annual growth rate of 100% and the international markets will launch and contribute another 50%.