Ed-tech upGrad acquires recruitment firm Wolves India

CIOTechOutlook Team | Thursday, 14 July 2022, 08:32 IST

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Wolves India was acquired by upGrad Rekrut, a wholly owned subsidiary of the prominent online higher education platform upGrad.

Wolves India, a company with headquarters in Bengaluru, specializes in hiring top-notch tech talent for startups as well as mid- and large-sized businesses both domestically and abroad.

"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," said Mayank Kumar, Co-founder and MD, upGrad.

With 70 professionals, Wolves India has closed over 5,000 placements in the technology and product roles.

It has also been addressing complex hiring challenges across the aerospace segment through its proprietary product called 'Quasara'

Wolves India will continue to operate independently, said upGrad.

"We will support upGrad to present world-class tech job opportunities to its learners and, together with upGrad Rekrut, create a market leader in tech hiring," said Raghu S, Founder and Director, Wolves India.

The edtech pioneer claimed that By FY26, it is anticipated that the Indian IT market will reach $350 billion and see a sustained demand for qualified talent.

As the pandemic affects the country's labour market, upGrad announced last month that it will onboard 1,000 employees in India over the course of the next three months from more than 100 campuses, including Metros and tier 2 and 3 cities..

The edtech pioneer said it will also hire people from its own learners' talent pool through its subsidiary upGrad Rekrut.

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