Delhi-based Pyoopil, founded three years ago, has built a learning product with elements of peer engagement and mentorship. The company had raised an undisclosed amount of funding from angel investors. Joining the UpGrad team, Pyoopil will continue working on building learning products for working professionals.
“We have been in touch with UpGrad for some time now and given our shared drive and values on how we were approaching online education, we decided it would be best to join hands and do this together,” said Harsh Tripathi, CEO of Pyoopil.
This acquisition will give UpGrad a shot at addressing the large businessto-business (B2B) education needs and will go hand in hand with its already existing flagship B2C offering. “The traditional areas on which organisations have built competencies are changing as we move to the digital era. We want to be their learning partner of choice for developing new skills and competencies,” said Mayank Kumar, Managing Director of UpGrad.
UpGrad will now offer customised programmes to corporate clients in emerging areas such as data analytics, product management and digital marketing, among others. The startup’s online offering aims to cut down the non-learning spend, such as lodging and travel, of the corporate and instead channel the funds towards core learning requirements.
Within the corporate training space, along with upskilling the employees, UpGrad is also looking at training fresh talent in new age skills, before joining the company.
UpGrad has also partnered with Cognizant, Genpact, Gramener, Star TV, Disney, Uber, Google, Microsoft and BookMyShow, among others, for its existing programme content, in the form of case studies. Other than the large corporates, the startup is also focussing on the small and medium-enterprise segment.
Source: Economic Times