Edtech firm UpGrad announces merger with Harappa Education in $38M deal
UpGrad, an edtech company, has merged with Harappa Education. UpGrad is one of the world's few complete life-long learning technology companies. UpGrad, an integrated higher EdTech provider located in India, has announced a $38 million merger with Harappa Education to establish enterprise learning leadership in India. According to UpGrad, Harappa Education will earn roughly $10 million this year. This transaction was completed by UpGrad in collaboration with current Harappa Education shareholders, Bodhi Tree Systems, a newly built platform between James Murdoch and Uday Shankar, and Co Founders Pramath Raj Sinha and Shreyasi Singh. The online learning institution situated in New Delhi offers self-paced courses to address the growing issue of low employability, poor leadership, and an under-equipped workforce. Harappa Education today serves 100 mid-large businesses. UpGrad, created in 2015, is a pioneer in the online education revolution, devoted to inspiring pr...