Edtech unicorn upGrad has announced Ankur Nyati as the new president of its Study Abroad segment, effective from 6th February 2024.
“Ankur Dhawan has laid the foundation very strong within the study abroad segment and now is the time we elevate ourselves as the market leader. The next 12 months will witness both - market and portfolio expansion with innovative study-abroad solutions coming into play," said Mayank Kumar, Co-founder & MD, upGrad.
He said Ankur's deep expertise in scaling operations will help the company in driving stronger business outcomes while also ensuring sustainable profitability for the segment.
Who is Ankur Nyati?
Nyati, an alumnus of IIT Delhi and IIM Bangalore, comes with a rich background of over two decades in various sectors including manufacturing, retail, e-commerce, and education.
He has held key positions in notable companies such as ITC, Unilever, Flipkart, Ola, Ola UK, WhiteHat Jr, and The Manipal Group.
Leading study abroad operations
In his new role, Nyati will be leading the Study Abroad operations to cement upGrad’s position as a dominant player in the education sector on a global scale.
“I’ve followed the education ecosystem very closely over the years and what upGrad has been solving for is commendable. It resonates with India’s efforts of building a wider talent matrix/powerhouse for global opportunities. I’m thrilled to get on to the bandwagon and help the brand build a stronger global network for a million aspirants coming out of Indian markets," said Ankur Nyati.
"In the last three years, building a product from scratch has been like a dream come true, and I now feel it's time for me to move on and leverage my skills and capabilities for planting newer growth seeds within the overall upGrad matrix," he added.
Expanding physical presence
The change comes at a time when upGrad is not only focusing on strengthening its study abroad offerings but also on expanding its physical presence with the planned opening of 100 offline connect and counseling touchpoints across India, backed by an initial investment of Rs 100 crore.
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