Ed-tech startup UpGrad Acquires Acadview Software
Mumbai-based ed-tech startup UpGrad has acquired Gurugram-headquartered job skilling platform Acadview for an undisclosed amount.
With this acquisition, UpGrad will foray into offering online courses for the college-going population.
Founded by Himanshu Batra and Varun Jain, Acadview helps fresh graduates' upskill themselves with in-demand technologies through live online courses and industry projects.
Himanshu Batra, Founder and Chief Executive of Acadview, said, "Education market in India is theory-based, making it challenging for students to be prepared for jobs. Equipping students with engaging content, personalised coaching, hands-on experience with real-world projects and guidance from subject-matter experts in the industry can bring a step change in the quality of workforce available to employers."
UpGrad was started in January 2015. The company targets professionals with online courses in entrepreneurship, digital marketing, data analytics and product management.
Ronnie Screwvala and Mayank Kumar, Co-founders, UpGrad, said, "College students in India are looking forward to picking up new age skills to make themselves more employable. UpGrad's highly engaging online learning solution along with Acadview's solid presence within the college space in India will allow us to deploy learning solutions for college students at a massive scale."