upGrad acquires Harappa Education for Rs 300 Cr
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Higher education platform upGrad announced that it has acquired online learning institution Harappa Education for Rs 300 crore or $38 million in a cash and stock deal. This will be the 10th acquisition for Ronnie Screwvala-led upGrad in the past two and a half years or since January 2020. upGrad has closed the transaction with Harappa’s shareholders which include Bodhi Tree Systems and co-founders Pramath Raj Sinha and Shreyasi Singh.