UpGrad News

Infosys Layoffs 2025: Recently, the company posted a 11.7 per cent YoY decline in its net profit to Rs 7,033 crore for the fourth quarter ended March 2025 quarter (Q4 FY25) on April 17.  

In FY24, the company's enterprise business grew by nearly 50 per cent compared to FY23, with key partners across industries including GCC, automobile, ITES, BFSI, manufacturing and services. 

Interestingly, upGrad's free courses in GenAI, Data, AI/ML, and technology, witnessed over 1.4 lakh enrollments.

Ronnie Screwvala's journey from humble beginnings to pioneering success with upGrad underscores the transformative power of education and entrepreneurship.  

upGrad has acquired Harappa Education for Rs 300 crore. Harappa Education offers self-paced courses. upGrad has a learner base of over 3 million across over 100 countries.

The deal is expected to help strengthen the Ronnie Screwvala-founded company's foothold in college education. Given this large market opportunity, this deal will enable upGrad to add 50,000 paid learners in the very first year of the acquisition. Founded by three IIT graduates Amit Mahensaria, Alok Choudhary and Manish Kumar, the Bengaluru-based Impartus develops technology solutions for virtual classrooms that allow for deep learner-teacher engagement.

Since its inception in 2015, upGrad has been 100 percent owned, funded, and run by its co-founders as a capital-efficient business. The company will also pursue merger and acquisition (M&A) opportunities, expand graduate and post-graduate degree portfolio in India, and scale up operations to achieve its USD 2 billion revenue goal by 2026, it added. The platform has impacted over 1 million total registered learners in over 50 countries.