Thu. Mar 28th, 2024

UpGrad, a Mumbai-based online education startup for working professionals, has announced the appointment of Ritesh Malhotra as the head of its business-to-business (B2B) vertical.

Ritesh Malhotra is a former vice-president of sales at Tech Mahindra. At UpGrad, in his new role, he will spearhead all initiatives related to the expansion of Upgrad’s B2B business.

In a joint statement, UpGrad’s co-founders Ronnie Screwvala and Mayank Kumar said,

This fiscal, our focus is going to be on B2B since it helps build credibility and acceptance for online programmes. There is a huge gap between acceptance and relevance, and we can bridge the gap only if companies choose to invest in up-skilling their employees. With Ritesh joining our team, we are confident to reach out to many such organisations looking to do the same.

Commenting on his appointment, Ritesh said,

Over the last few years, the gap between available and desired skills has widened and our traditional education and training ecosystem has struggled to keep pace with technology-related job evolution. I see UpGrad as a growth engine for the Indian services industry and a catalyst for emerging products and entrepreneurial ventures.

Ritesh Malhotra is an MBA graduate from Indian School of Business. He has nearly 15 years of experience in mergers and acquisitions, business development and strategy.

As part of his responsibilities as the sales head of Tech Mahindra, he also oversaw the marketing and mergers and acquisitions activities of the company.

UpGrad was founded in March 2015 by Phalgun KompalliRonnie ScrewvalaRavijot Chugh and Mayank Kumar. It provides online higher education programs to empower individuals to reach their full professional potential.

The platform is currently offering programs in Digital Marketing and Communication, Product Management, Data Analytics, Big Data Analytics and Entrepreneurship.

Recently, we reported that the company is looking to expand its reach to new users and strengthen its position in the market. For this, it is now looking forward to investing, acquiring and building partnerships.

By Jeet