Monday, June 2, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Technology

Technology: upGrad makes 100% acquisition of Centum

Fiinews by Fiinews
September 16, 2022
in Technology
Reading Time: 2 mins read
A A
0
Centum Learning
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

New Delhi’s corporate training solution provider expects $21m revenue in FY23

Asia’s largest higher edtech company, upGrad, has acquired New Delhi-headquartered corporate training solutions leader Centum Learning in a share swap deal.

Centum is expected to clock a revenue of ~US$21 million (Rs.170 crores) in FY23.

Centum was formed in 2007 and currently offers impact-based training to corporates as well as vocational institutions, and educational training to schools and college learners to make them either self-employed or meaningfully employed.

Through its proprietary Centum 5D™ training methodology and use of its Learning eXperience Platform (LXP)- Centum LearnPro®, Centum has been enabling 360-degree learning solutions right from entry-level professionals to mid-level leaders with direct and measurable business impacts.

With over 3,000 L&D specialists, Centum Learning has trained more than 2 million people while also impacting 400+ corporates across India and Africa.

In addition, Centum’s Africa operations boast a team size of 50+ local L&D professionals who are empowering millions with high-quality learning outcomes through customized vernacular training, content & digital learning platform.

With a total strength of over 2,000 employees, Centum’s business will continue to operate independently under the leadership guidance of Sanjay Bahl, Managing Director, and CEO.

Commenting on the development, Mayank Kumar, Co-founder & MD, and Gaurav Kumar – President, Corporate Development of upGrad, said, “Enterprise workforce upskilling is a supercritical need; however, the sector remains highly fragmented.

“upGrad has always seen enterprise upskilling as a strategic growth driver and we are making some nonlinear movements to reinvent B2B learning in India and create an integrated LifeLongLearning ecosystem for our stakeholders.

“We are passionate about what we do. It gives us a great sense of pride in working with people to transform their lives and support the realization of their full potential.

“We have put in years of hard work building a bespoke training and content portfolio that makes new-age learning more immersive and outcome-oriented for both corporates & individuals.

“Both upGrad and Centum are committed to driving outcomes for their learners and therefore, I am excited about combining the two synergies for creating a scalable portfolio for continued results,” said Bahl.

“Both upGrad and Centum take great pride in transforming the lives of working professionals, and the trajectory of their companies through our dedicated focus on life-long learning and personal growth,” added Rajeev Vasudeva, Chairman, Centum Learning Ltd.

“We are excited at the opportunity of combining our complementary skills to build a scalable portfolio across the value chain,”

Started in 2015, upGrad is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion. fiinews.com

Tags: upGrad
ShareTweetShare

Related Posts

NSE
Technology

Tech: India is IT capital of the world

by Fiinews
June 1, 2025
0
19

India has best and most capable engineers The National Stock exchange (NSE) managing director and CEO Ashish Kumar Chauhan has...

Payg Dark
Technology

Tech: PayG to create payment infrastructure

by Fiinews
May 30, 2025
0
14

Telangana company is digital ally for India’s merchants PayG, a leading homegrown payment gateway, has been granted the Payment Aggregator...

Qualtrics

Tech: Sonata-Qualtrics deliver enterprise solution

May 29, 2025
16
Wipro Ltd

Tech: Wipro says AI important in cybersecurity

May 29, 2025
22
Nylas

Tech: Coforge-Nylas to enhance CRM performance

May 29, 2025
19
Saviynt

Tech: Employers hiring certified professionals

May 29, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Deakin’s Gift City first placement done
  • Project: Tier-II and III cities new growth engines
  • Market: Pune GCC leads Sonny’s expansion
  • Market: Spark expands to MEASA from Dubai
  • Market: Phantom wins high-value contracts

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.