upGrad to acquire Harappa Education from Bodhi Tree Systems for $38m.

upGrad, an integrated higher Edtech company, agreed to acquire Harappa Education, an operator of online learning platform, from Bodhi Tree Systems for $38m. "Similar to the integrated approach that we have been able to achieve in the B2C segment, we intend to offer a complete suite of products to our enterprise partners. A combination of upskilling courses along with these critical skills that Harappa has to offer would set us apart. We see strong demand from our clients and with Harappa coming in, we believe we'll be able to grow exponentially within the segment as we cross-leverage the synergies. Pramath and Shreyasi come with a strong business legacy, which in turn, further fuels our ambition of becoming the global edtech leader," Ronnie Screwvala & Mayank Kumar, upGrad Co-Founders.