upGrad to buy Australia-based Global Study Partners for $16m

upGrad founders

Ronnie Screwvala-led edtech, upGrad, will buy a 100% stake in Australia’s largest study abroad company, Global Study Partners, for $16 million, marking its first overseas acquisition, the edtech company said in a statement on Monday.

upGrad will further invest $10 million in Global Study Partners for its future growth, the company said.

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