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EdTech

Edtech unicorn upGrad acquired WOLVES India for an undisclosed amount

upGrad Rekrut, a 100% subsidiary of edtech unicorn upGrad acquired a recruitment and staffing company WOLVES India, for an undisclosed amount. WOLVES India will continue to operate independently under the direction of Raghu S.

WOLVES India assists with talent recruitment across the country’s tech startups, as well as multiple mid and large organisations in India and abroad. The firm claims to have completed over 5,000 placements in technical and product roles. According to upGrad, India’s tech industry will continue to see a demand for skilled talent and will be worth $350 billion by FY26.

by INC42

It’s been a blockbuster week for startup IPOs. Lenskart and Groww wrapped up their public listings, together pulling in nearly INR 14,000 Cr. Hot on the heels, Pine Labs hit the markets with its INR 3,900 Cr IPO.  But now, all eyes are on edtech unicorn PhysicsWallah, which is gearing up for its big moment. With a price band of INR 103–INR 109 per share, the company will open its IPO on Tuesday, marking the final stretch of its journey to Dalal Street. A quick recap: The edtech major filed its RHP earlier this week for an INR 3,480 Cr… Source link

by PNN

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by INC42

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