As K-12 decreases, Upgrad enters higher education and worldwide markets
- ByStartupStory | November 8, 2022
The upskilling unicorn known as UpGrad, which is operated by UpGrad Education Pvt. Ltd., made the announcement on Monday that it will soon be entering the offline higher education sector. This piece of information comes at a time when the necessity for education from kindergarten all the way through high school has been gradually decreasing. The company that was founded in Mumbai and is now known as UGDX plans to spend thirty million rupees, which is roughly equivalent to two hundred and forty-six million dollars, over the course of the following year to establish ten campuses in various locations around the world. These campuses will be found in a variety of countries and areas, including India, the United States, and others. According to a statement that upGrad has made accessible to the general public, they will be allocated in the following manner: Five of them are going to be stationed in India, three of them are going to be stationed in the United States, and one of them is going to be stationed in Singapore and the Middle East.
“UpGrad is already operating on a global scale, with offices located in ten different countries across the globe and a presence in each of those places,” the company says on its website. Because we will be able to provide our students with the most qualified instructors and the most pertinent information thanks to the utilisation of these campuses located all over the world, we will be able to provide our students with a format that places an emphasis on personal connection. This will allow us to provide our students with a format that places an emphasis on personal connection. To be more specific, we will be able to do this because we will be able to provide our students with access to campuses located all over the world. According to the findings of a series of interviews that VCCircle carried out with Ronnie Screwvala, one of the co-founders of upGrad, India possesses one of the top competences when it comes to faculty in these new-age technology courses. Specifically, India has one of the most advanced capabilities in the field of artificial intelligence. Because of this, it will be much simpler for us to establish and expand skills comparable to those offered by Indian universities to universities in other countries besides India.
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