Mumbai Maharashtra India Business Wire India upGrad Asias higher EdTech major with a strong presence across the APAC doubles down on the Vietnam region to address the strong local demand for digital-first education as the country heads towards Industry 40 The Edtech major has recently appointed Ex-OYO Dushyant Dwibedy as the Vietnam Country Head with a mandate to build a strong local team initiate corporate and university partnerships and also to build long-lasting learning outcomes for the Vietnamese workforce Ambition levels in Vietnam are soaring and we want to be at the heart of making career-changing courses as also being the LifeLongLearning partner for students and working professionals Outside of our offerings in certification diplomas degrees and doctorates we also see a large market for our upGrad Abroad initiative as Vietnam is one of the larger markets for aspiring locals looking to go overseas for higher education clarifies Dushyant Dwibedy Vietnam has over 15 million people joining the workforce every year adding to its attractive market size for Lifelong Learners and those requiring in-depth subject knowledge and cutting-edge skill sets for all the careers of tomorrow Commenting on the same Zubin Gandevia CEO - APAC upGrad said We are assembling an advisory board here in Vietnam forging strong partnerships with universities and working on making all that we do very affordable accessible and career-changing for our learners Vietnam offers very interesting opportunities and hence our local and targeted focus will yield great results For upGrad more than 35 of our revenues will come from the International markets and therefore our country-wise local focus is the way to go forward as we contribute to the overall 13 billion global knowledge workers looking to fast forward their careers in this decade concluded Mayank Kumar co-founder MD upGrad while commenting on the all-encompassing growth plan to penetrate deeper into the region About upGrad upGrad - started in 2015 is a pioneer in the online education revolution focused on powering career success for a global workforce of over 13 billion It is one of the few Integrated LifeLongLearning Tech Companies in the world - spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses Campus Job Linked Programs Studying Abroad short form to executive programs to Degrees Masters and Doctoral - with a learner base of over 2 million across 100 countries and over 300 University partners and a robust enterprise business with a client base of 1000 companies worldwide upGrads Global Learning Engine rests on four pillars - a its large repository of original owned content and IP b its own best-in-class proprietary tech platform c its high touch human led delivery service backed by coaches mentors and d an 85 course completion track record backed by a further 80 career outcomes guaranteed performance Already termed Asias higher EdTech leader it has offices in the UK US Middle East India Singapore Vietnam and with presence in many more countries PWR PWR

Mumbai Maharashtra IndiaAtlanta United States Business Wire India South Asias largest Asias leading higher EdTech major - upGrad today reported turning a profit spurred by a 150 growth Y-o-Y in revenues and a stable 70 gross margin across all its income streams upGrad is now well-positioned as the most integrated Higher Edtech company in the world - spanning all aspects of LifeLongLearning from undergrad courses test prep on-campus learning study abroad short courses executive programs degrees and diplomas with its partner universities and all the way to online Doctorates Our obsession for outcomes for all our learners coupled with our global best-in-class 85 completion track record that leads to a high referral word of mouth and repeat-learner base from over 50 countries in part has contributed to our growth Our focus on profitability only powers us to impact at a much larger scale and make online learning accessible and affordable and with the right cost model anywhere in the world said Mayank Kumar Co-Founder MD upGrad upGrad today has the largest repository of online case theses and studies from around the globe and a mentor-coach qualified team of over 300 which makes the online learning experience focused on outcomes The base-case increments for working professionals taking courses through upGrad are at 30 and peak at over 250 A recent audit done by one of the Big Four firms shows the highest level of ROI for upGrads online learners The Q4 performance bodes well to stay on track as we hold the hand and cater to the global workforces career needs We are on track to reach our goal of USD 2Bn gross revenue by 2026 concludes Ronnie Screwvala Chairperson Co-Founder upGrad About upGrad upGrad - started in 2015 is a pioneer in the online education revolution focused on powering career success for a global workforce of over 13 billion It is one of the few Integrated LifeLongLearning Tech Companies in the world - spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses Campus Job Linked Programs Studying Abroad short form to executive programs to Degrees Masters and Doctoral - with a learner base of over 2 million across 100 countries and over 300 University partners and a robust enterprise business with a client base of 1000 companies worldwide upGrads Global Learning Engine rests on four pillars - a its large repository of original owned content and IP b its own best-in-class proprietary tech platform c its high touch human led delivery service backed by coaches mentors and d an 85 course completion track record backed by a further 80 career outcomes guaranteed performance Already termed Asias higher EdTech leader it has offices in the UK US Middle East India Singapore Vietnam and with presence in many more countries PWR PWR