upGrad Acquires Internshala, the World’s Largest Internship Platform
10 Articles
10 Articles
Edtech firm Upgrad acquires skilling firm Internshala
UpGrad has acquired a 90% stake in Internshala through a stock deal, valuing the platform at around Rs 100 crore. The firm plans to boost AI-led talent matching, enterprise hiring, and product innovation. The acquisition aims to grow Internshala’s revenue from Rs 45 crore to over Rs 100 crore in 18-24 months.
upGrad acquires Internshala to boost career pathways
upGrad, the skilling and workforce-development company, has acquired Internshala, the internship and early-talent marketplace, through a 90 per cent stock-swap deal. Internshala, founded in 2010, has built a network of 34 million registered users and 4,50,000 employers, with about three million active applicants each year. The platform attracts most of its traffic organically and has a strong presence in Tier-2 and Tier-3 markets, where over 40…
upGrad Acquires Majority Stake In Internshala
Edtech major upGrad has acquired a 90% stake in internship marketplace Internshala via stock swap transactions for an undisclosed amount. While the firm didn’t disclose the deal’s value, the round reportedly valued Internshala at ₹100 Cr. With the acquisition, upGrad aims to fuse early employment with its skilling and higher education focused platform, providing services for the full career lifecycle. Internshala will continue to operate as an…
upGrad acquires Internshala in strategic push to expand skilling and early-career talent pipeline | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews
Ronnie Screwvala, Co-founder and Chairman of higher education and upskilling platform upGrad, described the company’s acquisition of Internshala as a “very big” strategic fit, emphasising the natural alignment between learning, skilling, and employability. He noted that the integration brings together education and early-career opportunities at a critical point in a student’s journey. Through this acquisition, upGrad plans to combine Internshala…
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