.
MergerLinks Header Logo

New Deal


Announced

upGrad to acquire KnowledgeHut.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Pending

Digital Services

Acquisition

education technology

Single Bidder

Domestic

Private

Majority

India

Synopsis

Edit

upGrad, Asia’s higher EdTech major, agreed to acquire KnowledgeHut, a global EdTech company. Financial terms were not disclosed. "With KnowledgeHut on board, our focus on being an integrated LifeLongLearning partner for powering Career Success for the Global 1 billion workforce just got stronger. KnowledgeHut’s presence in 70+ countries will further upGrad's ambition of liberalising quality online education around the world," Ronnie Screwvala, upGrad Chairperson and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US