Own-branded Certification Leader Upgrad Knowledgehut To Cross Usd 45 Million In Revenue In 2022; Aims At Usd 100 Million By 2023

upGrad KnowledgeHut became a 100% subsidiary of upGrad in September 2021 and in 6 months, it has witnessed meteoric growth in its course offerings, its revenue, and its geographical spread of customers from around the world.

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“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.”

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 around the world, over 70% of upGrad KnowledgeHut’s revenue comes from geographies like the USA, UAE, Germany, Singapore, South Africa and the UK. And a significant 40% of its USD 45Mn revenue comes from the US alone.

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

Added Subramanayam Reddy – Founder & CEO upGrad KnowledgeHut, “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.”

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