In the dynamic realm of online education, UpGrad stands as a beacon of innovation. Founded in 2015 with a vision to revolutionize higher education, UpGrad offers a diverse range of quality programs in Data Science, Technology, Management, and Law. Its comprehensive curriculum includes digital marketing, product management, entrepreneurship, and data analytics, providing learners with industry-relevant skills. Backed by robust student support services, UpGrad ensures an enriching learning experience. The recent acquisition of Impartus, rebranded as ‘upGrad Campus’, further strengthens its presence in HigherEd institutions. As a pioneer in online learning, UpGrad continues to shape the future of education, catering to evolving industry demands.
upGrad Company Overview
- Founding and Vision: UpGrad was founded in 2015 by Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala with a vision to provide quality online higher education.
- Program Offerings: UpGrad offers a diverse range of programs in Data Science, Technology, Management, and Law, catering to various career paths and industries.
- Program Variety: Its programs include digital marketing, product management, entrepreneurship, data analytics, data-driven management, and digital technology management, providing comprehensive learning opportunities.
- Industry Insights: UpGrad’s programs are designed to provide industry insights, ensuring that students receive relevant and up-to-date knowledge and skills.
- Student Support Services: The platform offers robust student support services, including mentorship, career guidance, and networking opportunities, to enhance the learning experience.
- Acquisition of Impartus: Bengaluru-based Impartus, founded by Amit Mahensaria, Alok Choudhary, and Manish Kumar, was acquired by UpGrad and rebranded as ‘upGrad Campus’, enriching its offerings.
- Online Education Pioneer: Impartus played a crucial role in facilitating the transition of schools and colleges to online platforms, attracting over 280 higher education institutes, 50,000 teachers, and 6 lakh learners in just seven years.
Acquisition Overview
- Acquisition Details: Mumbai-based edtech startup upGrad has acquired Impartus, a video-enabled learning solutions provider, in a deal worth INR 150 Crore.
- Strengthened Presence: With this acquisition, upGrad aims to strengthen its presence among HigherEd institutions and learners, expanding its reach beyond working professionals.
- Market Opportunity: upGrad anticipates adding 50,000 paid learners in the first year post-acquisition, capitalizing on the growing demand for online education.
- Business Verticals: The acquisition results in upGrad Campus having two business verticals: B2C and B2B, catering to individual learners and institutional clients, respectively.
- Course Offerings: Under the B2C vertical, upGrad will offer job-oriented courses in areas such as Full Stack Development, Artificial Intelligence, Digital Marketing, and Business Analytics, aligning with industry demands.
