Edtech unicorn upGrad completely (100%) acquired corporate training solutions provider Centum Learning in a share swap deal.
Centum provides cutting-edge learning solutions to businesses and educational institutions. Bharti Enterprises Ltd and its affiliates will join upGrad’s capital structure as part of the transaction. Centum will also continue to operate independently under the leadership of Sanjay Bahl, its current CEO and managing director. Centum claims to provide corporates with impact-based training. It also provides vocational and educational training to schools and college graduates in order for them to become self-employed.