There doesn’t seem to be much common ground between the two at first look, but a deal could prove to be just what upGrad needs.
upGrad, the Mumbai-based education technology startup that focuses on higher education, skilling and recruitment, is in talks to acquire Delhi-based online learning platform Harappa Learning, which teaches courses in workplace skills.
“Talks have been on for a while and things are moving fast,” says one person in the know, requesting anonymity. “It seems like upGrad's board has cleared the deal and due diligence has already been done. A deal is likely to be announced very soon.”
Financial details of the deal weren't available, but it is likely that this deal, as and when it happens, will be a share swap …
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