UpGrad acquires Centum in a share swap deal

In a new round of funding valuing it at $2.25 billion, Upgrad just secured $210 million from investors

September 16, 2022 7:15 IST | India Infoline News Service
Upgrad, an EdTech company, has acquired Centum learning in a share swap deal. 
Centum is expected to generate Rs 170 crore in revenue in FY23.
Additionally, Upgrade just raised $210 million from prominent investors in a new round of fundraising valued at $2.25 billion.
As the corporation was about to close deals with four more education companies, a large percentage of  new funding may be used for acquisitions.

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