Mumbai (Maharashtra) [India], June 1 (ANI / BusinessWire India): UpGrad, South Asia’s largest online higher education company, announced at its newly held company meeting that it intends to close on March 22 in mid-January. the $ 1 billion revenue execution rate.
Ronnie Screwvala, co-founder and president, highlights the future of online higher education and firmly believes that Higher Edtech is the leader in the general education space. “There is only a lot of animation and background ‘followers’ in the K12 space around the world, but real growth and stable incomes will come from higher education when the pandemic sets in; in the next two years , the higher education sector will surpass K12 also in emerging and mature markets. “” UpGrad is now in the best position, being the most integrated Higher Edtech company (covering all aspects of LifeLongLearning), from graduates to the preparation of to become the first port of call for colleges and universities, to go digital by enabling SaaS technology, to offer degrees in the most sought-after fields so that students can build their careers of tomorrow. those who already have a staff, upGrad has the right to take short-term impact courses on new initiatives such as the “Study Abroad” Program, with certificates of deep learning, diplomas and courses for professionals working around the world. ” Ronnie added.
upGrad today has the largest (and growing) repository of theses and online case studies in the world. In the last 9 months and the next 6 months, Grad’s TAM (Total Addressable Market) will exceed $ 100 billion. 8-10 billion US dollars is the qualifications and professional market of India; $ 5 billion covers test preparation and others in India; $ 65 billion includes professionals working around the world, and finally $ 20 billion covers short-term courses worldwide.
Advocate for the team to build on its double pit (a) of being a fully integrated and true LifeLongLearning partner; and (b) provide the best professional results to ensure that students get an ROI of the money invested to upgrade, Ronnie explains how upGrad will close this year with half a billion US dollars.
“By March 2022, the operating professional segment will continue to grow at an annual rate of 100% and international markets will launch and contribute another 50%. The US is an area of interest and should autonomously $ 60 million to $ 90 million. ARR business. Our four strategic master’s degrees will further accelerate the growth of their own segments. In addition, our recently launched Study Abroad and Degree programs will establish clear leadership in their fields. ” Visit the upGrad website for more information on the leading edtech and its online courses. : This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI / BusinessWire India)