upGrad acquires Exampur
UpGrad, a significant player in edtech, announced on Tuesday that it had paid an unknown sum for Exampur, a platform for preparing for government recruitment tests. Exampur plans to make 70 crore rupees in revenue this year.
Through more than 27 YouTube channels, Exampur offers content for government employment tests like the UPSC, SSC, defence, banking, teaching, and other state government-level positions.
According to the claim, the test-prep platform has about 12 million subscribers and an average audience of 2.5 million pupils. According to a corporate statement, it also dominates Hindi-speaking regions including New Delhi, Uttar Pradesh, and Bihar, and 90% of paid users come from tier-2, tier-three, and tier-four markets.
Exampur fits easily into our LifeLongLearning jigsaw, according to upGrad Corporate Development President Gaurav Kumar, who was speaking about the acquisition. I am certain that Vivek and Vardan’s day-to-day live delivery capabilities with more than 2022 teachers through its channel are destined to change the educational landscape because both have an exceptionally clear purpose of becoming enablers rather than merely delivering a content collection.
For applicants who may access them at any time, Exampur also provides online test series, free quizzes, live scholarship tests, study material repositories, and an e-books portfolio.
“We are glad to have strong leadership support through upGrad who have already developed a business which is destined to outlast its peers and shall drive our growth in the coming years,” Exampur co-founders Vivek and Vardan said in a statement. With upGrad, we see Exampur getting there quickly on its way to becoming a household name.