UpGrad acquires KnowledgeHut for an undisclosed amount to ex

UpGrad acquires KnowledgeHut for an undisclosed amount to expand abroad


UpGrad acquires KnowledgeHut for an undisclosed amount to expand abroad
UpGrad, an ed-tech platform, has announced the acquisition of Bengaluru-based KnowledgeHut, with the objective of expanding into international markets and entering the lucrative short-term skill development courses segment which has a market potential of over $58 billion. The move comes just weeks after UpGrad announced a $250 million investment in mergers and acquisitions throughout 2021 to support inorganic growth.
Courtesy: KnowledgeHut via Twitter
The financial details of the deal were not revealed by UpGrad. The Mumbai-based ed-tech platform will enjoy full rights to KnowledgeHut’s 2.5 lakh worldwide learner community as a result of this agreement. The company, which will now be rebranded as

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