upGrad Acquires Internshala in 90% Stock-Swap Deal

March 3, 2026

upGrad has acquired Internshala, the early-talent internship marketplace, in a 90% stock-swap deal for an undisclosed amount. Internshala will continue to operate as an independent brand under its founder and CEO Sarvesh Agrawal while leveraging upGrad’s platform, scale, and technology to expand product innovation and AI-led talent matching.

Buyers
upGrad
Targets
Internshala
Industry
E-Commerce
Location
Haryana, India
Transaction Type
Buyout

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