Ronnie Screwvala's upGrad purchases Exampur, a Noida-Based company

3 Aug 2022 , 11:49 AM

UpGrad, a portal for higher education, has purchased Noida-based Exampur, an edtech that provides exam preparation for government jobs. This transaction occurs shortly after the business pays $38 million to acquire the online learning provider Harappa Education.

This acquisition’s deal value wasn’t made public.

Vivek Kumar and Vardan Gandhi co-founded Exampur in 2018, which provides more than 200 test-prep courses for candidates looking to work in the government. This covers the UPSC, SSC, military, financial, educational, and other state-level administrative fields.

The vast majority of the content in localized languages is distributed through its YouTube channels. Cities like Delhi, Agra, Lucknow, Kanpur, Prayagraj, Meerut, and Patna all have offline Exampur centers as well.

The mass ed-tech platform asserted that it has over 12 million subscribers and an average audience of 2.5 million pupils. 90% of its paying customers are from India’s tier 2, tier 3, and tier 4 towns. This fiscal year, Exampur aims to generate Rs70 crore in revenue.

A group of angel investors from Singapore invested an unknown sum in the company’s Pre Series A investment round last year. Executives from Coca-Cola, Vivendi, Citibank, Qualcomm, and Interpublic Group were present.