With this transaction, Bharti Enterprises Limited and its subsidiaries will join upGrad’s capitalization table.
Based in New Delhi
Centum’s will continue to operate independently under
“upGrad has always viewed improving business skills as a strategic growth driver and we are making non-linear moves to reinvent B2B learning in
Centum has enabled 360-degree learning solutions from entry-level professionals to mid-level leaders with direct and measurable business impacts.
With over 3,000 L&D specialists, Centum Learning has trained over two million people, enabling over 400 companies across India and
“Both UpGrad and Centum are committed to generating results for their learners and therefore I am excited to combine the two synergies to create a scalable portfolio for continued results,” said Bahl.
Last month, upGrad raised $210 million (around Rs 1,670 crore) in a round attended by ETS Global, Bodhi Tree, Kaizen Management Advisors and others.
The edtech company said it is on track to record annual gross revenue of $400 million to $500 million in FY23, with about 45% of total revenue coming from its online courses and programs. its own brand.
Launched in 2015, the edtech platform has more than three million learners in more than 100 countries, more than 300 partner universities 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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