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Market: Demand for skilled-talented Indian on rising trajectory, says Kumar

Fiinews by Fiinews
April 12, 2023
in Markets
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upGrad working with international recruiting partners with base in London

The demand for Indian skilled professionals and talent across the global arena is on a rising trajectory and the right education and competencies could further propel India’s stature as the global soft power in the larger talent ecosystem, says Mayank Kumar, Co-founder & MD, upGrad.

Citing this demand, he said, “upGrad will combine its prowess to reach out to learners in metros and non-metro cities through its agent network and extensive university network that have been added via both organic and inorganic arrangements to also become the largest player in the Study Abroad space.

“We are also working with international recruiting partners with a base in London to build a full-stack learning-to-employment model that connects our learners with jobs.

“Ranging from market-ready skilling programs to assuring the last-mile connectivity with global recruiters, we have built a one-stop spectrum to enable the learning and placement needs of everyone who seeks to build a career in an international geography,” he said on 12 Apr 2023.

The brand is reported to have expanded its footprints across 20+ countries with over 1,000 university partners and 40,000 recruitment agents. upGrad would continue to add more destination markets to its portfolio.

The segment also experienced 100%+ growth during FY23 due to a strong intent towards overseas education that suffered a setback in the last two years. It is expected to cross Rs.500 crore of annual gross revenue in FY24 and will be profitable. The Study Abroad segment will account for about 20% of the group revenue for the year.

Started in 2015, upGrad is Asia’s largest integrated career skilling and workforce development company that integrates its diversified study abroad portfolio with a wide range of blended and online courses to become the market leader.

The offerings range from online & hybrid Degree programs to pathway and study abroad programs to certification and Bootcamps to Diploma, Master’s and Doctorate programs for working professionals.

upGrad also provides most of these programs to enterprise clients through its B2B arm along with recruitment and staffing services.

Till date, upGrad has touched 7 million+ learners across 100+ countries. It boasts a strong network of 300+ direct global university partners, a wide lineup of 2,500+ pathway connections, over 20,000 recruitment partners, and a robust enterprise arm with a clientele of 3,000 corporate partners worldwide. fiinews.com

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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.

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