Startup Terminal
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • Startup Terminal 40 Under 40
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us
No Result
View All Result
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • Startup Terminal 40 Under 40
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us
No Result
View All Result
Startup Terminal
No Result
View All Result
Home Acquisition

upGrad to acquire leading EdTech player – Talentedge

StartUp Terminal Bureau by StartUp Terminal Bureau
December 7, 2021
in Acquisition
0
upGrad to acquire leading EdTech player - Talentedge
156
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Mumbai, India, December 7, 2021: upGrad to acquire EdTech player Talentedge – said a company statement on December 6, 2021. upGrad, Asia’s largest online higher education company has entered into an exclusive agreement to acquire Talentedge (i.e., Arrina Education Services, the Holding Company of Talentedge Education Ventures Private Limited), one of India’s largest online higher education companies. This would be one of the larger consolidations in the Indian Higher education space. Talentedge is slated to do revenue of over INR 130 Crore this year and double its revenue in the coming year. Sources say the deal value is at 3-4X this year’s revenue.

This acquisition marks the first step in the massive consolidation that is currently occurring through big-ticket acquisitions led by upGrad. upGrad which is currently the number 1 player in this space is acquiring Talentedge, which is currently the number 4 player in the sector.

Gurgaon-based Talentedge offers more than 60 courses in partnership with 20+ universities. Talentedge partners with top Indian & International institutes including IIMs, XLRI, MICA, eCornell, UCLA extension among others, and has more than 5,00,000 individual and corporate learners.

“upGrad has cemented its leadership position as the most integrated player in higher education in Asia, serving learners and working professionals across the age group of 18-50 years. Talentedge has meticulously built a strong business over the last decade and stayed the course in this space where most did not survive and we are very pleased to welcome them at upGrad as we build one of the largest EdTech companies in the world,” said Ronnie Screwvala, Chairperson and Co-Founder, upGrad.

“Coming together with upGrad enables us to access their best-in-class products and solutions, technology, and their data-driven pedagogical approach. It’s a win-win for learners and employers as a consolidated positioning enables us to serve them better. Talentedge will continue to work as is with its University & Institute partners to deliver the quality education to its learners across Degree & Certification programs,” said Aditya Malik, CEO & MD, Talentedge.

Gaurav Kumar, President – Corporate Development and M&A, upGrad said, “upGrad’s M&A strategy is to identify companies who share the vision to build a world-class learning organization at scale and we find the Talentedge team as perfect partners. We are in the active stage of closing a few more large acquisitions in India as well internationally which will be announced in the next one to two quarters.”

Tags: TalentedgeupGradupGrad to acquire leading EdTech player - Talentedge
StartUp Terminal Bureau

StartUp Terminal Bureau

Startup Terminal is a global news portal reporting news and analysis on technology, start-ups, and business-related news from all over the world. We exclusively feature entrepreneurs, startups, businesses, and technology companies to reach out to a wider audience. Contact us at editorial@startupterminal.com

Related Posts

Qapita acquires ESOP Direct
Acquisition

Equity Management firm Qapita acquires ESOP Direct

July 27, 2022
Kedaara Acquires Majority Stake in GAVS Technologies
Acquisition

Kedaara Acquires Majority Stake in GAVS Technologies

December 15, 2021
Veranda acquires Edureka for INR 245 crores
Acquisition

Veranda acquires Edureka for INR 245 crores

September 23, 2021
Next Post
Signzy enlists former PayPal India enterprise business head as Chief Growth Officer

Signzy enlists former PayPal India enterprise business head as Chief Growth Officer

Kedaara Acquires Majority Stake in GAVS Technologies

Kedaara Acquires Majority Stake in GAVS Technologies

Pratik Shah, Founder, DigitalDefynd

Interview with Pratik Shah, Founder, DigitalDefynd

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

#LooTalks – an impact initiative for Urban Women

#LooTalks – an impact initiative for Urban Women

4 years ago
MeetCareer.com aims to enable high school students to manage their academic and career life-cycle

MeetCareer.com aims to enable high school students to manage their academic and career life-cycle

7 years ago
Top 5 Digital Marketing Trends for 2022

Top 5 Digital Marketing Trends for 2022

2 years ago
GoHive launches its fourth co-working space

GoHive launches its fourth co-working space

5 years ago
World Environment Day Interview: Sumit Saurabh, Founder, Desizn Circle

World Environment Day Interview: Sumit Saurabh, Founder, Desizn Circle

3 years ago
No Result
View All Result

Must Read

enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance

Mubadala Energy’s 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives

IAA Leadership Awards honours outstanding achievers

Neweast to establish AED500 Mn Automotive Parts Distribution hub in Jafza

Prosper Real Estate set to elevate UAE’s realty landscape with growth and investment opportunities

NLB Healthcare Partners with Nursing Norway AS and World Trade Center Pune to Launch Recruitment Platform for Indian Nurses

Trending

Anaptyss Launches New Global Capability Hub and Innovation Center in India
Launch

Anaptyss Launches New Global Capability Hub and Innovation Center in India

by StartUp Terminal Bureau
September 27, 2023
0

New Delhi, India, September 27, 2023: Anaptyss - a digital solutions and domain specialist serving the banking,...

AI4Rx launches MedBeat HealthConnect App

AI4Rx launches MedBeat HealthConnect App

September 21, 2023
PrepInsta Sets To Achieve 2.25 Lakh Student Placements Goal For FY 23-24

PrepInsta Sets To Achieve 2.25 Lakh Student Placements Goal For FY 23-24

August 11, 2023
enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance

enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance

August 10, 2023
Mubadala Energy’s 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives

Mubadala Energy’s 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives

August 10, 2023
Startup Terminal

Startup Terminal is a global news portal for Technology, Startups, and Businesses. Reporting on technology, start-ups, and business-related news from all over the world. We exclusively feature startups, and technology companies to reach out to a wider audience.
Startup Terminal is an official media partner at global conferences like:
#Mobile World Congress 4YFN,
#Barcelona, Spain
#ConnecTechAsia, Singapore (Formerly CommunicAsia)
#NXTAsia, Singapore
#Africa Com, Cape Town, South Africa
#Converge Events, Singapore
#young Startup Ventures, USA

Follow us on social media:

Recent News

  • Anaptyss Launches New Global Capability Hub and Innovation Center in India September 27, 2023
  • AI4Rx launches MedBeat HealthConnect App September 21, 2023
  • PrepInsta Sets To Achieve 2.25 Lakh Student Placements Goal For FY 23-24 August 11, 2023
  • enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance August 10, 2023
  • Mubadala Energy’s 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives August 10, 2023
  • IAA Leadership Awards honours outstanding achievers August 10, 2023
  • Neweast to establish AED500 Mn Automotive Parts Distribution hub in Jafza August 7, 2023
  • Prosper Real Estate set to elevate UAE’s realty landscape with growth and investment opportunities August 3, 2023

Readers’ Choice

  • Aneesha Dalal, SHIAMAK Dance Academy

    Interview: Aneesha Dalal, Master Instructor and Principal Dancer at The SHIAMAK Dance Academy

    350 shares
    Share 140 Tweet 88
  • International Women’s Day Interview: Arpita Mehta, Fashion Designer

    330 shares
    Share 132 Tweet 83

© 2023 Startup Terminal - Leading digital news portal-Startup Terminal | All Rights Reserved.

No Result
View All Result
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • Startup Terminal 40 Under 40
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us

© 2023 Startup Terminal - Leading digital news portal-Startup Terminal | All Rights Reserved.