On Monday, ed-tech platform upGrad announced the launch of its philanthropic and non-profit arm, upGrad Foundation. The organization has established a Rs 500 million fund to support teacher training, mentorship and coaching, career counselling, scholarships, internships, and online student exchange programmes.
“LifeLong learning, upskilling, and career enhancements can no longer be the right of only those who can afford it. Online learning has changed the perspective of all working professionals worldwide and how they look at career improvements. upGrad Foundation wants to take this theme of affordability, accessibility, and awareness to all who have growing aspirations, and the Foundation will help adopt, guide and train, at scale,” Ronnie Screwvala, chairperson and co-founder, upGrad, stated.
Recently, the startup also named Amitabh Bachchan as the official brand ambassador for edtech business upGrad. Bachchan will be seen supporting upGrad’s brand value through endorsements and advertising of the platform’s services, as well as emphasizing the necessity of ‘lifelong learning’ for progressive professional progression as part of the relationship.
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“Online education has given an optionality and choice to millions to pursue their ambitions and in many ways democratized LifeLong Learning. Therefore, we see the Foundation as one more step in upGrad’s vision of impacting careers of millions,” Mayank Kumar, co-founder and MD, upGrad shared.
About upGrad
upGrad is a pioneer in the online education revolution, changing the lives of millions for the better by “Powering career success for every member of the global workforce as their trusted lifelong learning partner”. Co-Founded by one of the world’s most impactful entrepreneurs, Ronnie Screwvala, Mayank Kumar and Phalgun Kompalli, upGrad has impacted over 1 million registered learners in over 50+ countries.
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upGrad, Asia’s higher EdTech leader, uniquely drives deep learning for the real world by creating original content harnessing industry experts across the globe and offers learners a hyper-personalized, comprehensive one-stop solution, combining the power of its’ proprietary AI-driven technology platform with its army of counsellors who handhold learners for the entire duration of their course.
upGrad’s alumni base is employed by blue-chip organizations like Gojek, PayTM, Gartner, Flipkart (Walmart-acquired), Accenture, and E&Y. upGrad is #1, LinkedIn Top Startups India 2020 and is in Top 50 of the FT Asia-Pacific High-Growth Companies 2021 and the GSV Global EdTech 50.
