upGrad acquires edtech platform Harappa Education for Rs 300 cr
Upgrad closes transactions with Harapana shareholders currently-Bodhi Tree Systems (newly formed platforms between James Murdoch and Uday Shankar) and one of the founders of Pramath Raj Sinha and Shreyasi Singh.
Harapa’s education is likely to record the revenue of RS 75 Crore this year.”The combination of the improvement course with the critical skills offered by Harapa will distinguish us. We see a strong request from our clients and with the hope that comes, we believe we can grow exponential and Mayayk Kumar, one of the founders of upgrad.Founded together by Sinha, also the Dean of the Founder of the Indian Business School (ISB), Harapa Education offers an independent course to overcome the spiral problem of poor work abilities, inadequate leadership, and incomplete labor.
Harapana has active customers of 100 medium and large organizations.”As a joint force, Harapa and Upgrad will anchor our goals and beliefs to create a truly healthy learning ecosystem for students in India and Overseas, with our pedagogy that has been tested, superior programs, and rich partnerships to guarantee Unmatched outcomes for our students and clients, “said Sinha and Singh, Harapana’s founder.
Upgrad has a student base of more than 3 million in more than 100 countries and more than 300 university partners, along with the company’s business with a client base of 1000 companies worldwide.Earlier this month, Upgrad Recruit, a subsidiary 100 percent of the UPGRA Utama Online Higher Education Platform, announced that he had acquired the Wolves Indian recruitment and staffing company, with a secret number.
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