upGrad Reports 6X Increase in Gross Revenue in a Span of 2 Years

/ -- Targets over INR 250 crore revenue in FY20
Strengthens senior leadership team with key new appointments
During FY 19 upGrad took several steps to democratise education and skill building in India:
Consolidated its position as a leading company in the online learning space with the aqui-hire of Acadview's team Launched first-ever skill building and learning programme for college students, helping them to take the first step towards building their careers Partnered with HDFC Life Insurance to introduce a comprehensive Post Graduate Program in Life Insurance, with 100% job guarantee on successful course completion Introduced first of its kind fully online Master's Degree Program in Data Science in India in collaboration with Liverpool John Moores University (LJMU) Ronnie Screwvala and Mayank Kumar, Co-founders, upGrad, said, "Lifelong learning, that can have a tangible impact on career, is the new mantra and the need of the hour for all working professionals; online education offers these professionals a platform to upskill at their own convenience. Over the last two years upGrad has grown over 100% every year, which further establishes the scope and opportunity for digital learning in India. upGrad has developed a holistic digital education experience for working professionals and college students for upskilling and reskilling. We will continue this growth momentum and are particularly excited with the potential in the college segment."

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