In the pandemic-hit 2020, more than 450 companies including ZS Associates, PayTM, Gartner, Flipkart (Walmart-acquired), Accenture and E&Y hired more than 1,200 learners from the upGrad talent pool.
As education goes remote in the pandemic, online higher-education company upGrad on Saturday said it is witnessing a great response from learners in the tier 2 and 3 cities and small towns in India and will seize the opportunity to take its .
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Screwvala declined to comment on the details during an interaction with ET. “We are not a unicorn yet. But we are not too far behind,” he said.
Screwvala, who founded UTV Motion Pictures in the 1990s which was later acquired by Walt Disney Company, has so far ploughed about $25 million of his own capital in upGrad since it was founded.
Apart from Screwvala, upGrad’s founding team includes Mayank Kumar and Phalgun Kompalli.
The online education segment, both K-12 and higher education, has seen a large rush of risk capital following the Covid-19 epidemic.
upGrad records 100% growth since start of the fiscal year
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Last Updated: Jan 08, 2021, 04:47 PM IST
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The edtech major crossed 1 million learners in 5 years & aims to reach the next million in 18 months; Targets INR 2500 crore Revenue run-rate for FY’22
upGrad, India’s largest higher edtech, crossed 1 million total registered LifeLongLearners on its platform recently. The milestone announcement came along with the reporting of the Q3 financial result, where upGrad clocked its highest-ever revenue in a single quarter. It has grown 100% in the last 9 months from the start of the financial year. Till March 2020, the higher edtech leader had 500K learners on its platform and within three quarters it doubled the number to reach 1 million. With this momentum and its growth plans, upGrad forecasts impacting the careers of the next one million youth & working professionals within the next 18 months.
Read more about upGrad records 100 percent growth since start of the fiscal year on Business Standard. Mumbai (Maharashtra) [India], January 7 (ANI/BusinessWire India): upGrad, India s largest higher edtech, crossed 1 million total registered LifeLongLearners on its platform recently.