upGrad acquires video-enabled learning platform Impartus in Rs 150cr deal

Higher education startup upGrad has acquired video-enabled learning solutions platform Impartus and has committed over Rs 150 crore for the buyout and for investing in its growth.

Post the acquisition, Impartus has been integrated into the upGrad ecosystem and rebranded as ‘upGrad Campus’. upGrad Campus will target higher education institutions and college students with its learning tools and content, in an integrated solution. It is looking to close FY22 with Rs 85 crore in revenue, with the founders continuing to run the business independently.

“Our M&A strategy is focused on creating a career ecosystem and in helping build the blocks for India to emerge as the teaching capital of the world.