Wednesday 13 April 2022

UPGRAD KNOWLEDGEHUT SEES GROWTH IN COURSE OFFERINGS, REVENUE & WORLDWIDE CUSTOMERS

KUALA LUMPUR, April 12 (Bernama) -- upGrad KnowledgeHut became a 100 per cent subsidiary of upGrad in September 2021 and in six months, it has witnessed meteoric growth in its course offerings, revenue, and geographical spread of customers from worldwide.

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 worldwide, over 70 per cent of upGrad KnowledgeHut’s revenue comes from geographies like the USA, UAE, Germany, Singapore, South Africa and the UK. 

And a significant 40 per cent of its US$45 million revenue comes from the US alone, according to a statement. (US$1 = RM4.237)

“Short-term tech skills are witnessing a surge with strong demand from working professionals around the world,” commented upGrad Co-Founder, and MD, Mayank Kumar.

“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.”

Meanwhile, Founder & CEO upGrad KnowledgeHut, Subramanayam Reddy said: “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.”

Started in 2015, upGrad is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion with offices in the UK, U.S., Middle East, India, Singapore & Vietnam, and with presence in many more countries.

-- BERNAMA

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