In a strategic move to strengthen its position in outcome-based education, upGrad has acquired Internshala in a deal valued at around ₹100 crore. The acquisition brings together one of India’s leading online learning platforms with one of the country’s largest internship and early-career networks, aiming to bridge the gap between education and employment.
Internshala reported a revenue of ₹45 crore in FY24, reflecting steady growth in the internship and training space. Despite the acquisition, the platform will continue to operate independently under its founder and CEO, Sarvesh Agrawal, ensuring continuity in leadership and vision.
Despite the acquisition, Internshala will continue to operate as an independent brand, led by its founder and existing leadership team.
The primary goal of this acquisition is to create a seamless journey for learners—from gaining skills to securing real-world opportunities. With Internshala now part of its ecosystem, upGrad learners will be able to access a wide range of internships, fresher jobs, and industry projects. This integration transforms upGrad from just a learning platform into a comprehensive career partner that supports students throughout their professional journey.
At the same time, Internshala will benefit from upGrad’s scale, technology infrastructure, and enterprise relationships. The platform is expected to move toward a more enterprise-focused model, working closely with companies in the learning and development segment. This will help organizations access trained, job-ready candidates while giving students more structured and industry-aligned opportunities.
The edtech industry is rapidly evolving. Today, students are not just looking for courses or certificates—they want tangible career outcomes. This acquisition reflects a broader industry shift toward outcome-driven education, where learning platforms are expected to deliver real job opportunities and career progression.
By combining upGrad’s skill-based programs with Internshala’s employer network, the partnership creates a powerful ecosystem that connects training directly to employment. Companies will also benefit by gaining access to a large pool of candidates who are not only qualified but also trained in industry-relevant skills.
Internshala brings strong scale and deep penetration:
This is especially important because India’s next growth wave is coming from smaller cities, where access to internships and industry exposure is limited.
For upGrad, the acquisition strengthens its value proposition by adding a critical employment layer to its learning offerings. For Internshala, it opens the door to faster growth, better technology, and deeper enterprise partnerships. For students and job seekers, the biggest advantage is a clearer and more structured path from learning to earning.
In a country where millions of graduates enter the workforce each year but struggle with employability due to lack of practical experience, this integration could play an important role in closing the skills-to-jobs gap.
Internshala will continue to operate as an independent brand while leveraging upGrad’s resources to expand its offerings and user base. With stronger enterprise collaboration and enhanced technology capabilities, the platform is expected to introduce more structured training programs, industry partnerships, and career opportunities in the coming years.
This isn’t just an acquisition—it’s a step toward building India’s largest learning-to-earning ecosystem, where skills, experience, and jobs come together on one platform.
Follow Karostartup for more insights into the intersection of technology, policy, and the future of India.
Quick Share
