upGrad, an integrated skilling and workforce development company, has acquired the early-talent marketplace Internshala for an undisclosed amount through a transaction in which 90% of the consideration was structured as a stock swap.
The deal values Internshala at around Rs 100 crore.
According to upGrad, it will invest additional resources to accelerate product innovation, AI-led talent matching, and enterprise hiring models, with the aim of growing Internshala’s revenue from Rs 45 crore to Rs 100 crore or more over the next 18–24 months.
The…

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