Join thousands of students achieving their dreams with expert-led courses.
Join free and unlock everything on EasyShiksha.
Takes less than 3 seconds โ no password needed
Please enter a valid email address.
No password needed if you use Google above
Checking your emailโฆ
Almost done โ just verify your number so we can send course updates and certificates.
Used only for verification & updates
Incorrect OTP. Please try again.
Takes less than 10 seconds
Please select your country.
Please select your state.
~ KnowledgeHut, now an upGrad company, to cross INR 300 Crore (USD 40 Mn) revenue next year with 65% coming from North America, Middle East, and South-East Asia~
Delhi, 3 August 2021: upGrad, Asiaโs higher EdTech major, announced today that it has acquired the global EdTech company KnowledgeHut. This comes within weeks of upGrad earmarking USD 250 Mn for Mergers & Acquisitions to drive non-linear growth for the next seven to nine months.
Founded by Subramanyam Reddy in 2011, KnowledgeHut is a global edtech company, aimed at equipping the global workforce with the skills of the future through outcome-based immersive learning. As a leading skills solutions provider, KnowledgeHut has trained over 2,50,000 professionals and empowered over 500 enterprises to build the skills that drive results, with a product offering of over 200 courses across in-demand areas of Web Development, Machine Learning / AI and Data Science, Agile and Project Management, IT Service Management, Cyber Security and Cloud Computing.
With the acquisition of KnowledgeHut, upGrad is venturing into the short duration upskilling and reskilling segment which has a market potential of over USD 58 Billion. To leverage this market opportunity, the combined might will allow KnowledgeHut - now rebranded as โKnowledgeHut, an upGrad companyโ will offer learners a scalable and immersive learning model, to upskill and help them drive meaningful career outcomes, through its next-gen flagship learning experience platform, PRISM.
Announcing the acquisition, upGrad Chairperson & Co-Founder, Ronnie Screwvala said, โWith KnowledgeHut on board, our focus on being an integrated LifeLongLearning partner for powering Career Success for the Global 1 billion workforce just got stronger. KnowledgeHutโs presence in 70+ countries will further upGrad's ambition of liberalising quality online education around the world.โ
Post-acquisition, KnowledgeHut will operate as a wholly-owned subsidiary of upGrad. Subramanyam Reddy, Founder & Director, KnowledgeHut will be at the helm in his new role as the CEO.
Subramanyam Reddy, CEO, upGrad KnowledgeHut said, โWith our focus on short-term professional upskilling, KnowledgeHut is driving outcome-based immersive learning for global technologists and the wider professional community. Given our position in global markets, this synergy with upGrad will further strengthen and support that vision. The acquisition paves the way for upGrad to empower B2B customer segments across geographies including the United States and the Asia Pacific.โ
With this acquisition the EdTech leader upGrad will have access to KnowledgeHutโs global learner pool of 2,50,000. KnowledgeHut, an upGrad Company, is expected to cross INR 300 Crore (USD 40 Mn) revenue next year, 65% of which will be from countries across North America, Middle East, and South-East Asia.
More News Click Here
New Courses
Opamp Projects: Design & Simulate Operational Amplifier Based Projects on Proteus & LTSpice Software
Biomedical Project: Design Digital Thermometer with Atmega32, Arduino & LM35 Temperature Sensor
Fusion 360 Learn CAD and Earn Money Online
Analog Electronic Lab Based Course on MOSFETs using MULTISIM
Discover thousands of colleges and courses, enhance skills with online courses and internships, explore career alternatives, and stay updated with the latest educational news..
Gain high-quality, filtered student leads, prominent homepage ads, top search ranking, and a separate website. Let us actively enhance your brand awareness.
Download EasyShiksha Mobile Apps from Android Play Store, Apple App Store, Amazon App Store, and Jio STB.
1 million+ย learned on the EasyShiksha App
Trusted by Standards & Global Compliance Frameworks
Built under internationally recognized standards for quality, information security, educational excellence and business continuity.
ISO 9001:2015 | ISO/IEC 27001:2022 | ISO 21001:2018 | ISO 22301:2019 | DPIIT Recognized Startup | MSME Registered
