Bengaluru: UpGrad, an online higher education platform which provides precious industry relevant programs, acquihires Ed-tech startup, Pyoopil. This acquisition will bring mobile tech SaaS technology to UpGrad for extending its reach in this huge B2B education sector with an aim to build $100 Million+ business in the $1 Billion+ corporate training market in India.
Incepted in 2015 by well-known entrepreneur Ronni Screwvala, along with Mayank Kumar, Phalgun Kompalli and Ravijot Chugh, UpGrad was started with the vision & mission of empowering individuals to reach their full professional potential in the most engaging learning environment.
“We are seeing a strong demand from companies who are looking to train their employees at a large scale. Our new programs for corporate will focus on imparting skills around data, digital and innovation for workforce across corporate industry,” says Ronnie and Mayank, in a joint statement.
Commenting on this acquihire, Mayank says, “Pyoopil team is driven by immense passion towards working in Ed-tech and strong product expertise having built an engaging mobile learning product. They will now be part of our team, helping us in the next phase of our product evolution”.
Pyoopil, which aspires to build organisation-driven cutting-edge technology solutions in the education field is looking positive after joining the UpGrad team. Pyoopil will continue working on building learning products for working professionals and developing more Ed-techs.
“Growing an education business is exciting and challenging. We have been in touch with UpGrad for some time now and given our shared drive and values on how we were approaching online education, we decided it would be best to join hands and do this together,” says Harsh Tripathi, Co-Founder & CEO of Pyoopil.