Introduction: Empowering Military Veterans for a Bright Future in the Workforce
A major partnership is making waves in India’s workforce. upGrad, the Bengaluru-based edtech unicorn, is teaming up with the Army Welfare Placement Organisation (AWPO) to help military veterans and their families transition smoothly into the corporate world. This partnership aims to bridge the gap between the skills…
In a move set to transform the upskilling landscape for young Indians, Glance, the AI-powered smart lock screen platform, has partnered with upGrad, one of India’s leading edtech unicorns. Together, they aim to provide free, job-ready skills training to millions of young people across the country, with a special focus on those aged 20-24 years.
The partnership brings upGrad’s Intern-Zip…
India’s startup ecosystem is experiencing a remarkable surge in funding, with homegrown startups raising $12.2 billion in just the first 10 months of 2024. This impressive figure already exceeds the total funding raised throughout 2023, which was around $11 billion, and there are still two months to go. The momentum continues to build, with October seeing $1 billion raised across 119…
A Booming Ecosystem
In an impressive display of growth, 21 Indian startups raised a whopping $187 million this week, highlighting the vibrant pulse of the Indian startup ecosystem. This funding spree includes four growth-stage and 13 early-stage deals, showcasing a mix of emerging and established companies eager to scale up their operations.
Notable Funding Highlights
Among the standout stories…
Edtech company upGrad has successfully raised an additional $60 million from Singapore’s Temasek, maintaining its valuation at $2.25 billion. This funding marks a significant boost for the company as it continues to expand its offerings in higher education and skill development.
Key Developments
Temasek’s Investment
The fresh investment comes amid upGrad’s efforts to strengthen its position…
Introduction: Mayank Kumar, co-founder and managing director of ed-tech giant UpGrad, has stepped down to focus on a new startup aimed at placing skilled Indian workers abroad, particularly in the healthcare sector. This shift comes as UpGrad is poised to secure additional funding.
A New Journey Begins: Kumar is currently pitching investors to back his new venture, which he believes will tap into…
Ludicrous year, edtech organizations have been having some fantastic luck and altogether figured out how to raise more than $3 billion. This year, Byju’s distant from everyone else cornered $1.5 billion while upGrad and Lead School have wiped up $120 million and $30 million, individually.
Joining the association of these organizations is Classplus which is additionally set to score more than $30…
IIT Bombay graduates Kiran Patil and Pritesh Mittal established Nearfox, a disclosure stage that assists residents with making revelations across classifications like food, shopping, excellence, style, wellness, amusement, and nearby travel, in 2015. Be that as it may, the startup shut shop in 2016.
Pritesh says, while the startup was closure in a year, they understood the direction and…
