Upgrad learner base doubles to 2 mn since Jan

The pandemic-driven workfrom-home and the resultant demand for upskilling/reskilling have helped higher education major Upgrad, which recently turned a unicorn with a valuation of $1.2 billion, double the learners base on its platform in just eight months, crossing the 2-million mark.

During the first wave of the pandemic, the platform had doubled its customer base to one million in 10 months (by January 2021).

“Upgrad has become the largest online higher education platform in the country,” co-founder and chairman Ronnie Screwvala said on Monday.

The company, in which investors such as Temasek, the IFC and IIFL collectively own close to 30 per cent, said the faster growth has been propelled by its strategic merger and acquisitions (M&AS) as well and includes international learners