Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Edtech major upGrad plans to expand its offline learning centers from 11 to 40 this fiscal year, targeting South India first. The focus is on high-value AI, data science courses priced ₹80,000-₹1.2 lakh for better student outcomes.
Exclusive: upGrad is negotiating a massive acquisition of rival Unacademy, potentially reshaping India's online education landscape in one of 2024's biggest edtech deals.
Indian edtech major UpGrad reports strong EBITDA profitability in FY25's first quarter, driven by AI-powered learning solutions and strategic international growth across 50+ countries.