Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa Education for Rs 300 crore (about $38 million).upGrad closed the transaction with present Harappa shareholders - Bodhi Tree Systems (a .
upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of INR 300crores (USD 38 million). Harappa will clock INR 75 Cr in Revenue this year. upGrad closed this transaction with present Harappa shareholders - Bodhi Tree Systems (a newly formed platform between James Murdoch & Uday Shankar ) and Co-Founders Pramath Raj
upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of USD 38 million (INR 300 crores). .
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Elara Capital further stated that the breakeven for digital might come in the fourth year due to hefty content costs, propelled by sharp premiums on packages B and C.