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Weekly rundown: Auxano, B Capital launch new funds; Shiprocket, upGrad make acquisitions

upGrad merges Harappa Education to establish Leadership in Enterprise Learning in India

upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of INR 300crores (USD 38 million). Harappa will clock INR 75 Cr in Revenue this year. upGrad closed this transaction with present Harappa shareholders - Bodhi Tree Systems (a newly formed platform between James Murdoch & Uday Shankar ) and Co-Founders Pramath Raj

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