upGrad acquires The GATE Academy, forays into test-preparation space
Tue, Nov 24, 2020 6:07 PM

upGrad acquires The GATE Academy, forays into test-preparation space

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Online education firm upGrad on Nov 24 entered the test preparation space with the acquisition of The Gate Academy for an undisclosed amount. Data shows that just the government exam preparation market sees 40 million applicants every year spending about Rs 10,000, thus opening up a new Rs 40,000 crore market for upGrad. UpGard has an series of mergers and acquisitions planned for next 3 months.

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