UpGrad, promoted by entrepreneur Ronnie Screwvala, aims to extend its online learning platform to higher education at the undergraduate level through the acquisition.
Founded in early 2015, Acadview seeks to upskill recent graduates with in-demand technologies through online live courses and industry projects, enabling better employment opportunities. It claims to have trained more than 3,000 students in 2017.
“Upgrad’s highly engaging online learning solution along with Acadview’s solid presence within the college space in India will allows us to deploy learning solutions for college students on a massive scale,” said Screwvala and Mayank Kumar, co-founders of UpGrad, in a joint statement.
Gurugram-headquartered Acadview had raised an undisclosed amount of funding from angel investors from India and Silicon Valley. It has also partnered with over 80 universities and colleges in north India.
“Equipping students with engaging content, personalized coaching, hands-on experience with real world projects and guidance from subject matter experts in the industry can bring about a change in the quality of workforce available to employers. We believe in UpGrad’s vision and feel that we have found a perfect cultural fit for our mission, ” said Himanshu Batra, Founder and Chief Executive Officer of Acadview.
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