UpGrad Acquires Insofe in Share Transaction Valued at USD 33m.

MANews-(C)2009-2022

India-based online education provider upGrad has acquired India-based data science institute Insofe in a share transaction valued at USD 33m, the company said.

Insofe is a destination for an undergraduate to doctoral education in ML, AI and Data Science, with revenues that will cross USD 13m (INR 100Crore) this year.

Insofe adds an R and D component in AI and ML to upGrad's education service basket and helps upGrad create novel services for corporates and students globally.

upGrad is an integrated...

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