upGrad acquires Impartus, commits Rs 150 crore towards buyout

Bengaluru: upGrad, an edtech startup promoted by entrepreneur Ronnie Screwvala, has acquired Impartus, a video-enabled learning solutions provider, and committed over Rs 150 crore towards acquisition and investment into the firm.

With this acquisition, upGrad — which mainly targets working professionals — hopes to strengthen its presence in India’s higher education market.