- upGrad, a Mumbai-based edtech firm led by Ronnie Screwvala, plans to open 100 offline connect and counselling touchpoints and learning centres across India.
- To support this expansion, the company has allocated an initial fund of Rs 100 crore and aims to extend its reach to non-metropolitan areas and smaller towns.
- upGrad has already inaugurated its first two counselling centres in Mumbai and Delhi, as well as its first two learning centres in Indore and Pune.
- Within a month of inauguration, the company conducted over 500 career counselling sessions, with the objective of guiding over half a million individuals on their career decisions.
- The company also aims to enroll over 10,000 learners in the learning centres.
- According to Mayank Kumar, Co-founder and Managing Director of upGrad, the company aims to empower individuals beyond metros with career guidance and high-quality learning.
- The centres will serve as hubs for career counselling, providing access to all of upGrad’s courses and programmes.
- upGrad already has a physical presence through more than 50 franchises and 150 channel partners.
- Founded in 2015, upGrad operates across various educational sectors and recorded a revenue of Rs 1,194 crore in FY23, marking a 96% increase from the previous financial year.