Announced
Completed
Synopsis
upGrad, a higher edtech company, completed the acquisition of Global Study Partners, a study abroad company, for $16m. “As an Integrated EdTech leader - we span the entire gamut of a learner's need from the age of 18-50 and in that, Study Abroad is a key growth initiative for us - not just out of India which is one of the two largest markets but also for our learners internationally. GSP coming into upGrad’s fold will be a needle mover for us to attain a headstart in being a global leader in this segment too,” Ronnie Screwvala, upGrad Chairperson and Co-Founder.
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