Narotam Sekhsaria Family Office Gets Some Windfall on Talentedge Sales to upGrad
Posted on 04/08/2022
The Narotam Sekhsaria Family Office is based in Mumbai. The Narotam Sekhsaria Family Office were the 100% owners of Talentedge. Narayanan Venkitraman heads Private Investments at the Sekhsaria Family Office. Narotam Satyanarayan Sekhsaria is an Indian industrialist and philanthropist. Seksharia built Ambuja Cements into a major company.
Talentedge is a major education technology companies in India. upGrad confirmed the closing and integrating all of Talentedge’s business with upGrad. Under the upGrad umbrella, Talentedge will operate under its own name and in the coming financial year is slated to cross gross revenue of INR 150 Crore (US$ 20 million). Talentedge was valued at INR 205 Crore (US$ 27 million) and the near 100% share swap transaction was done at an upGrad value of US$ 2 billion.
upGrad started in 2015.