Announced
Financials
Sources
Tags
Friendly
Pending
Digital Services
Acquisition
education technology
Single Bidder
Domestic
Private
Majority
India
Synopsis
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.
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