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Mumbai (Maharashtra) [India], November 3 (ANI/BusinessWire India): Asia's largest higher EdTech player upGrad today announced comprehensive plans to merge all its M&As in India into 'One upGrad' and complete the integration process by March to June 2023. All Costs + Restructuring & Integration Growth Capital to be expensed out in FY22 and partly in FY23. upGrad to date has been most capital efficient in raising external funds, having raised less than USD 300 million - much lower than any other player and in preparation for an IPO in 2024, have chosen to streamline the corporate structure as also expense out all costs related to mergers and their growth capital in their FY22 and partly in FY23 financials. "We are delighted to have over 15 Co-founders from our M&As join the leadership team at upGrad and participate in the Integrated vision - where upGrad has to impact college learners and working professionals in India, Asia, and the world, across their LifeL

Mayank kumarBusinesswire indiaIntegration growth capitalHigher educationMumbai maharashtra indiaOvember 3 ani businesswire india asia 39s largest higher edtech player upgrad today announced comprehensive plans to merge all itsm amp as in into 39 one and complete the integration process by march june 2023 costs restructuring growth capital be expensed out fy22 partly fy23 date has been most efficient raising external fundsAving raised less than usd 300 million much lower any other player and in preparation for an ipo 2024Ave chosen to streamline the corporate structure as also expense out all costs related mergers and their growth capital in fy22 partly fy23 financials quot we are delighted have over 15 co founders from ourm amp join leadership team at upgrad participate integrated vision where has impact college learners working professionals indiaAnd the worldCross their lifelonglearning journey each entity contributes to our building block make every learner job readyOr the 21st and even 22nd century our model is uniqueNd we welcome the diversity of our colleagues both in india and globally to achieve long term mission changing employability landscape also emerge as an edtech leader from for world this consolidation gets us financially ready fora future listing put costs behind between last year focus ona high growth profitability model while creating impact having largest alumni base higher educationUot said mayank kumarO founder amp mdPgrad this story has been provided by businesswire india ani will not be responsible in any way for the content of article