upGrad Acquires INSOFE
May 2, 2022
upGrad has acquired INSOFE, a specialist AI, ML and data science education and research institute valued at approximately USD 33 million. The deal will see INSOFE founders and investors swap their shares into upGrad (at a reported upGrad valuation of USD 2 billion), bringing INSOFE’s R&D, corporate training and degree-program capabilities into upGrad’s global education platform.
- Buyers
- upGrad
- Targets
- INSOFE
- Sellers
- INSOFE founders and investors
- Industry
- Education
- Location
- Telangana, India
- Transaction Type
- Buyout
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