Upgrad Takes Over Wolves India To Strengthen Tech Placement Portfolio
Tuesday, 19 July 2022, 20:38 IST
UpGrad Rekrut, a 100% subsidiary of edtech unicorn upGrad has acquired WOLVES India, a recruitment and staffing company for an undisclosed amount.
According to the companies, WOLVES India will continue to operate independently under the leadership of its founder Raghu S.
Founded in 2015, WOLVES India helps with talent recruitment across tech startups in the country, along with multiple mid and large organisations in India and abroad. The company claims to have closed more than 5,000 placements in tech and product roles. WOLVES India offers a proprietary product, Quasara, to help global businesses to set up offshore offices.
Mayank Kumar, upGrad cofounder & MD, said, “Our acquisitions reflect our commitment to drive career outcomes for our learners. While with upGrad Rekrut we saw our learners receiving record-breaking CTCs during FY22, the joining of WOLVES India will give us an edge in the tech ecosystem. It shall foster wider employment opportunities for our learners in the form of highly paid tech roles and enhanced career acceleration.”
According to upGrad, India’s tech industry will continue to see demand for skilled talent and is expected to become a $350 Bn market by FY26.
According to the companies, WOLVES India will continue to operate independently under the leadership of its founder Raghu S.
Founded in 2015, WOLVES India helps with talent recruitment across tech startups in the country, along with multiple mid and large organisations in India and abroad. The company claims to have closed more than 5,000 placements in tech and product roles. WOLVES India offers a proprietary product, Quasara, to help global businesses to set up offshore offices.
According to upGrad, India’s tech industry will continue to see demand for skilled talent and is expected to become a $350 Bn market by FY26
Mayank Kumar, upGrad cofounder & MD, said, “Our acquisitions reflect our commitment to drive career outcomes for our learners. While with upGrad Rekrut we saw our learners receiving record-breaking CTCs during FY22, the joining of WOLVES India will give us an edge in the tech ecosystem. It shall foster wider employment opportunities for our learners in the form of highly paid tech roles and enhanced career acceleration.”
According to upGrad, India’s tech industry will continue to see demand for skilled talent and is expected to become a $350 Bn market by FY26.