Business Standard

Friday, December 20, 2024 | 05:21 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ronnie Screwvala-led upGrad taps Bharat to help learners get govt jobs

upGrad is planning to expand its operations in rural India with various programmes including upskilling the talent present there for job opportunities in the private sector

Mayank Kumar
Premium

Mayank Kumar, Co-Founder & MD, upGrad

Peerzada Abrar Bengaluru
Ronnie Screwvala-led edtech unicorn upGrad which has been mainly focusing on upskilling working professionals is now scaling up its operations to focus on learners in India’s hinterlands or Bharat.

As part of that strategy, upGrad is acquiring Exampur - one of India’s largest test-prep providers for government jobs. The deal is valued at about Rs 125 crore, according to the sources. Exampur looks to close revenue of Rs 70 crore this fiscal. The foray into test preparation puts upGrad into direct competition with players such as SoftBank-backed Unacademy and Adda247.

Co-founded in 2018 by Vivek Kumar and Vardan Gandhi, the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in