Education

Ronnie Screwbara’s upGrad announces the merger of three subsidiaries

upGrad has become a global integrated lifelong learning company with the announcement of the merger of its subsidiaries upGrad Campus (originally Impartus), upGrad Jeet (GATE Academy) and upGrad KnowledgeHut (KnowledgeHut).

The company said in a statement that the integration would create one parent company in India to promote upGrad’s vision for an integration strategy that expands and promotes cross-border learning through 2022.

Consolidate positions

Ronnie Screwvala, Chairman and Co-Founder of upGrad, said: upGrad is built on the impact on the learner’s life and the outcomes and ROI it provides. One integrated entity makes sense because we want the upGrad brand to penetrate all of our products. The APAC, EMEA, and US offices will continue to operate as independent subsidiaries. “

The merger will ensure that upGrad, which is currently double the number of other players on the market, will meet its goal of quadrupling its closest competitor by the end of 2022. Said.

See: Non-linear thinking isn’t just about commercial capital: Ronnie Srewvala

upGrad aims to reach 7.5 million registered users by 2024 by partnering with more than 1,298 universities and 3,110 companies to expand its network of faculty, mentors and professionals to 11,078. Today, upGrad has more than 2 million registered users and more than 300 university partnerships in 50 countries and has a strong enterprise business with 1,000 client bases worldwide.

Ronnie Screwbara’s upGrad announces the merger of three subsidiaries

Source link Ronnie Screwbara’s upGrad announces the merger of three subsidiaries

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