With this transaction, Bharti Enterprises Limited and its affiliates will participate in upGrad’s cap table.
Located in New Delhi
Centum’s continues to operate independently under
“upGrad has always viewed corporate upskilling as a strategic growth engine and we are making some non-linear moves to reinvent B2B learning in
Centum enables 360-degree learning solutions from entry-level professionals to mid-sized leaders with immediate and measurable business impact.
With more than 3,000 L&D specialists, Centum Learning has trained more than two million people, helping 400+ companies across India and
“Both upGrad and Centum are committed to driving results for their students, so I’m excited about combining the two synergies to create a scalable portfolio for lasting results,” said Bahl.
Last month, upGrad raised $210 million (approximately Rs 1,670 crore) in a round that was joined by ETS Global, Bodhi Tree, Kaizen Management Advisors and others.
The edtech company said it is on track to achieve annual gross sales of $400-500 million in FY23, of which about 45 percent of total sales will come from its own online courses and programs.
Launched in 2015, the edtech platform has a student base of more than three million in more than 100 countries, more than 300 university partners and a customer base of 1,000 companies.
In July, upGrad acquired online learning institution Harappa Education for Rs 300 crore (about $38 million).
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