New Delhi: As education in the pandemic becomes remote, the online education company upGrad said on Saturday that it is a good response from learners in the second and third cities and small towns in India and that they will take the opportunity to use the latest technological training. solutions via virtual classrooms deeper into the country.
upGrad, which offers more than 100 courses in collaboration with top / global / local universities such as Deakin Business School (Australia), Duke CE (USA), Michigan State University (USA), Liverpool Business School (UK), IIT Madras (India) ), IIM Kozhikode (India) and others, have empowered more than ten registered learners in more than 50 countries around the world.
‘Apart from working professionals and lifelong learners, we are seeing a huge response in age groups in India, from all corners of the country. The share of the small town of India has increased significantly on our map because pandemic has sent thousands of people home and they are joining online classes from their hometowns, “Mayank Kumar, co-founder and managing director, upGrad, told IANS.
According to Kumar, the pandemic has brought a tectonic shit in online education and higher education is witnessing a tremendous boom in the world.
Founded in 2015 with entrepreneurs Ronnie Screwvala, Kumar and Phalgun Kompalli, UpGrad achieves an annual turnover rate (ARR) of $ 165 million and maintains a strong network of more than 20 national and international universities.
What sets it apart from other online players is ‘deep personalization’, where counselors handle each learner virtually for the entire time.
Each student goes through more than 50, individual coaching sessions of their future hiring managers / business leaders for more than a year and receives personalized work recommendations based on their experience, aptitude and personal ambition.
As a result, the completion of the course is 80 percent, which according to the company is unprecedented in online education worldwide.
“We are looking for collaboration with more Indian higher education institutes to increase our reach and benefit more and more learners in the country,” said Kumar, a former IIT-Delhi student who has more than ten years of experience in education as an investor and adviser.
Earlier this week, upGrad announced it would buy Impartus for video-enabled learning solutions, committing more than $ 150 million to boost growth and advance its foothold in university education.
Impartus, now a 100 percent subsidiary of upGrad, has been renamed ‘upGrad Campus’.
‘upGrad Campus’ will have two vertical rooms. Although it is vertical under B2C, it will offer several work-oriented courses, under the B2B vertical, these offerings will be to HigherEd Institutions (HEI).
According to Kumar, upGrad will be able to add 50,000 paid learners in the first year of acquisition.
In the 2020 pandemic, more than 450 companies, including ZS Associates, PayTM, Gartner, Flipkart (Walmart-acquired), Accenture and E&Y, hired more than 1,200 learners from the upGrad talent pool.
From 2021 to March, together with recruitment and crewing solutions firm Rekrut India, which is now a 100 per cent subsidiary of upGrad, the company has transitioned over 2,500 careers, with a maximum salary increase of 400 per cent (a package of Rs 73 lakh per year).
‘We do not offer short-term one-month courses. We offer extensive courses and expand extensive knowledge that takes time and many hours. We believe that the knowledge we offer our users can use it to his / her advantage in real life, ”said Kumar.
Source: Telangana Today