UpGrad, an upskilling and higher learning edtech company, announced the opening of upGrad Foundation, a philanthropic and non-profit division on Monday.
The foundation plans to focus on a variety of working professionals, including first-generation students, women returning to the workforce, and those in the public sector or the military forces, with a capital of Rs 50 crore.
“LifeLongLearning, upskilling, and career enhancements can no longer be the right of only those who can afford it. Online learning has changed the perspective of all working professionals around the world and how they look at career improvements,” Ronnie Screwvala chairperson and cofounder, upGrad said.
“upGrad Foundation wants to take this theme of affordability, accessibility, and awareness to all who have growing aspirations and the Foundation will help adopt, guide and train, at scale,” Screwvala added.
The foundation’s goals include teacher training, mentorship and coaching, career aid, scholarships, internships, and online student exchange programmes.
Teachers’ training, mentorship and coaching, career assistance, scholarships, internships, and online student exchange programmes are among the foundation’s goals.