Edtech unicorn upGrad acquired Harappa Education for $38 million in a mix of cash and share-swap deal.
Harappa provides self-paced online courses to working professionals from a variety of organisations. Harappa’s founders, Pramath Raj Sinha and Shreyasi Singh, as well as its stakeholders, will join upGrad’s cap table as part of the agreement. According to an upGrad spokesperson, the acquisition will help upGrad strengthen its capabilities in the enterprisetech segment. Harappa Education will continue to operate independently as a result of this.
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Edtech unicorn upGrad acquired Harappa Education for $38 million in a mix of cash and share-swap deal.
Harappa provides self-paced online courses to working professionals from a variety of organisations. Harappa’s founders, Pramath Raj Sinha and Shreyasi Singh, as well as its stakeholders, will join upGrad’s cap table as part of the agreement. According to an upGrad spokesperson, the acquisition will help upGrad strengthen its capabilities in the enterprisetech segment. Harappa Education will continue to operate independently as a result of this.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
