~The EdTech major will help working professionals become future-ready with industry-driven skills Upgrad
while they continue to pursue a job in parallel ~
New Delhi, 09 November 2021: Aligned with its vision of becoming the trusted LifeLongLearning partner for millions, upGrad, Asia’s higher EdTech major, today unveiled its plans of adding 100+ online programs in the next 24 months. The announcement comes at a time when the pandemic-driven tech evolution has created a huge demand-supply gap for a skilled workforce within the country.
upGrad is probably the only higher EdTech in the country to have a diversified portfolio with cutting-edge online programs with top-notch university partners ranging from Bachelors to Masters and a Doctorate, all under one roof with a host of career services. With the latest technology, pedagogy, industry partners, and world-class faculty, the company creates immersive online learning experiences for its learners globally and currently offers programs in the areas of Data, Management, Software & Technology, Business Analytics, Law, Digital Marketing, Criminology, Health, amongst others.
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Speaking on the expansion plans, Arjun Mohan, CEO-India, upGrad commented, “upGrad started with just 1 program and here we are today, with a vast set of online courses across diverse domains to support our learners in their lifelong learning journey, not just in India but across ~100 countries. Now as we move forward, the new additions which are going to be more focused and niche shall further encourage professionals to upskill online and attain advanced skills without having them to bear the opportunity cost.”
According to the World Economic Forum (WEF), by 2025, around 85 million people will lose their jobs. However, over the same period, 97 million new jobs will be created, these will require very different skills. Without the ability to reskill people quickly, and at scale, millions will potentially be displaced from work. This indicates that upskilling is imperative and one of the most important things professionals can do to not only retain their current job roles but also to move up in their careers or make meaningful career transitions.
upgrade curriculum involves both, life and recorded lectures by industry leaders and veterans, masterclasses, and graded assignments for strengthening the subject foundation, along with frequent networking sessions, and steadfast career support for driving meaningful career outcomes. “The outcome-driven education is aimed at equipping professionals with job-ready skills for the real-time application,” he added.
The EdTech major has been growing by leaps and bounds and has recently crossed the annual revenue run rate of USD 210 Mn in September this year. With the outlined growth plan, the upgrade is now moving strongly towards achieving the ambition of becoming the global leader in the higher-EdTech space.
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About upgrade:
the upgrade is a pioneer in the online education revolution, changing the lives of millions for the better by “Powering
career success for every member of the global workforce as their trusted LifeLongLearning partner”. Co-Founded
by one of the world’s most impactful entrepreneurs, Ronnie Screwvala along with Mayank Kumar and Phalgun
Kompalli, the upgrade has impacted over 2 million total registered learners in over 50+ countries.
upgrade, Asia’s higher EdTech leader, uniquely drive deep learning for the real world, by creating original content harnessing industry experts across the globe and offers learners a hyper-personalized, comprehensive one-stop solution, combining the power of its’ proprietary AI-driven technology platform with its army of counselors who handhold learners for the entire duration of their course. To provide the best university quality education, upgrade brings together the world’s leading universities, faculty & industry experts on an integrated digital platform, delivering an immersive experience with full flexibility to study at one’s own pace. upgrades ever-expanding roster of leading global universities include Duke Corporate Education (US), Michigan State University (US), University of Arizona (US), Liverpool John Moores University (UK), Deakin Business School (Australia), Swiss School of Business and Management (Geneva), IIT Madras (India), IIM Kozhikode (India).
the upgrades alumni base is employed by blue-chip organizations like Gojek, PayTM, Gartner, Flipkart (Walmart- acquired), Accenture, and E&Y. upgrade is #1, LinkedIn Top Startups India 2020 and is in Top 50 of the FT Asia- Pacific High-Growth Companies 2021 and the GSV Global EdTech 50.
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