Mumbai: upGrad It has consolidated its three Indian subsidiaries – Upgrade Campus. upGrad Jeet And upgrade Knowledge Hut- to become a parent company in India, at a time when significant churn is taking place in the country’s wider edtech sector.

According to a statement on Thursday, the merged entity will cover the entire gamut of higher education technology offerings to college learners and working professionals.

The three subsidiaries are actually acquisitions that were rebranded by Upgrade.

Ronnie Screwvala, Co-Founder and Chairman, Upgrade said, “The merger of all-India entities is to strengthen the corporate structure and strengthen our position as a truly integrated edtech player and provide a strong foundation for our global strategy. Is.” Our offices in Asia Pacific, Europe, the Middle East and Africa and the United States will continue to operate as independent subsidiaries.”

upGrad aims to achieve 7.5 million registered users by 2024 by partnering with over 1,298 universities, 3,110 corporates and expanding its network of faculty, mentors and experts to 11,078. Currently, it has over 300 university partnerships with over two million registered users in 50 countries.

With inputs from PTI.

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