UpGrad’s Chairman Ronnie Screwvala on M&A

The video discusses the expansion plans of an educational company into Europe, focusing on the inclusivity of online learning and the collapse of geographical boundaries. The company has earmarked $250 million for strategic acquisitions, with a focus on digital education and mentoring. They have raised funds from Temasek and plan further fundraising. The company targets markets in the UK, EU, and Middle East, emphasizing the importance of upskilling and soft skills. They aim for both organic and inorganic growth, leveraging the diverse and early-stage nature of the European EdTech space.

What is the primary reason for expanding into Europe according to the speaker?

• To avoid competition in the US

• To focus solely on the UK market

• To leverage the inclusivity of online education

• To establish brick and mortar institutions

How does the speaker describe the financial approach to expansion?

• A shopping spree

• A focus on organic growth only

• Relying solely on existing funds

• Strategic acquisitions with a mix of cash and stock

What is the speaker's view on the current interest from investors?

• There is little interest from investors

• India is not a hot destination for investment

• There is strong inward bound interest

• Investors are only interested in the US market

Which area is NOT mentioned as a focus for growth in the European market?

• Digital mentoring and coaching

• Short form learning processes

• Soft skills development

• K12 education

What excites the speaker about the European edtech space?

• The dominance of brick and mortar institutions

• The early stage diversity of the market

• The lack of competition

• The focus on traditional education methods