TuringMinds has received a Rs 30 crore investment from upGrad, one of Asia’s top education technology companies, in order to develop and produce technological goods for the new economy.
TuringMinds has received money from upGrad to double its staff size and grow internationally, as per reported by Inc42.com.
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“TuringMinds specialises in taking an idea, quickly building prototypes and accelerators (Apps), testing them with the industry, and picking the cherries among them,” Prof Anuradha Sharma, president of TuringMinds, said.
The edtech unicorn founded TuringMinds in 2021 to offer training courses and up – skilling in AI and ML, as well as AI-as-a-Service (AIaaS) and HR solutions for businesses. Through its incubators and accelerators, TuringMinds enables entrepreneurs, SMEs, and MNCs to create AI-based products and services.
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Dr Dakshinamurthy V Kolluru, CEO of RDX and TuringMinds said, “We have always worked with a very strong industry-centric DNA, and we further saw this as an opportunity to leverage the expertise of our talent through TuringMinds.”
Speaking on the development, Ronnie Screwvala, cofounder and chairperson of upGrad, said, “In addition to our LifeLongLearning suite, we are hiring bachelor’s to doctorate degree holders in large numbers to fuel our mission of developing full-fledged marketable products.”
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About upGrad
upGrad – started in 2015, is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion. It is one of the few Integrated LifeLongLearning Tech Companies in the world, spanning the college learner to the working professional.
About TuringMinds
TuringMinds is a digital transformation organisation of world-class that has offices in a number of countries, including the United States of America, Canada, India, Saudi Arabia, and Bahrain. They are a company that helps organisations accelerate their journey toward digital transformation, and their name is upGrad.
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