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Own-branded certification leader upGrad KnowledgeHut to cross USD 45M in Revenue in 2022; aims at USD 100M by 2023

ATLANTA--(BUSINESS WIRE)--#AGILE--upGrad KnowledgeHut became a 100% subsidiary of upGrad in September 2021 and in 6 months, it has witnessed meteoric growth in its course offerings, its revenue, and its geographical spread of customers from around the world.

As a specialised short-duration tech and skills provider, the own-branded certification leader upGrad KnowledgeHut's present and upcoming courses include AGILE, Data Science & Cloud, Business Analytics, Blockchain development, and Design Thinking, along with UI/UX Bootcamps and all the way to digital marketing.

With a team strength of 800 experts based around the world, over 70% of upGrad KnowledgeHut�s revenue comes from geographies like the USA, UAE, Germany, Singapore, South Africa and the UK. And a significant 40% of its USD 45Mn revenue comes from the US alone.

�Short-term tech skills are witnessing a surge with strong demand from working professionals around the world. As a leader in this space, upGrad KnowledgeHut is at the cusp of leveraging the opportunity to open up the market, and create a world-class learning experience through their specialised courses, in the most relevant disciplines to build the careers of tomorrow,� commented Mayank Kumar, Co-Founder, and MD, upGrad.

Added Subramanayam Reddy - Founder & CEO upGrad KnowledgeHut, �Our focus is to build the best courses for a highly skilled talent pool around the world. It�s a rapidly evolving labour market and we want to equip learners with the best tech and other support skills to improve their employability options across multiple segments and career options.�

About upGrad KnowledgeHut:

upGrad KnowledgeHut is a global ed-tech platform, equipping the world�s workforce with the skills of the future via outcome-based immersive learning. A trusted skills transformation partner to over 250,000 professionals and 1200+ enterprises in over 100 countries, that organisations and individuals count on to innovate faster and create progress. Leveraging a state-of-the-art immersive learning experience platform, UGKH is disrupting the way tech is learnt and empowering enterprises with scalable tech-driven solutions to align role-based skill requirements with desired business outcomes. Whether you're looking to develop capabilities in Software Development, IT Service Management, Cyber Security, Cloud Computing, Machine Learning / AI or Data Science, upGrad KnowledgeHut is your learning partner of choice.

About upGrad

upGrad - started in 2015 is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion. It is one of the few Integrated LifeLongLearning Tech Companies in the world - spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses, Campus & Job Linked Programs, Studying Abroad, short form to executive programs to Degrees, Masters and Doctoral - with a learner base of over 2 million across 100+ countries and over 300 University partners and a robust enterprise business with a client base of 1000 companies worldwide.

upGrad�s Global Learning Engine rests on four pillars - (a) its large repository of original & owned content and IP, (b) its own best-in-class proprietary tech platform, (c) its high touch human led delivery service backed by coaches & mentors, and (d) an 85% course completion track record, backed by a further 80% career outcomes guaranteed performance.

Already termed Asia�s higher EdTech leader it has offices in the UK, U.S., Middle East, India, Singapore & Vietnam, and with presence in many more countries.

Contacts

upGrad | Neha Prasad | [email protected]

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