UpGrad will invest $30 million in opening offline campuses

7 Nov 2022 , 11:42 AM

UpGrad, a platform for higher education, would invest $30 million and launch 10 global campuses in the US, India, and other countries the following year.

The company plans to launch three campuses in the US (the San Francisco location will launch in January), five in India (Delhi and Chennai), one in Singapore, and one in the Middle East under the new brand name “UGDX.”

This is a logical extension as we move to a very scaled blended offline and online model under our own upGrad brand, according to Ronnie Screwvala, co-founder and chairperson of upGrad. “As part of our goal to be the world’s first and largest fully integrated higher education technology company spanning college learners and working professionals from the age of 18 to 60+ years, this is a natural extension,” he added.

Currently, the company has offices in Mumbai, Hyderabad, and Bengaluru.

UpGrad intends to recruit professors across the globe under the umbrella of “UGDX” and will employ technology to symbiotically join corporations, academic institutions, and campuses in a single ecosystem.

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