News & Events

Edtech unicorn upGrad is all set to expand and acquire Australia-based startup Global Study Partners (GSP) in a $16 million deal. There will also be worth $10 million investments in the future. GSP has an institution network of over 600 predominantly in destinations like Australia, the UK, Canada, and the US. It consists of over 1,300 recruitment partners which include education and migration agents, schools, test preparation centres and various alumni associations.

Read the original article here: https://entrackr.com/2021/11/upgrad-to-acquire-australia-based-global-study-partners/

Perth-based music supplier Audalize is looking for prospects to expand in New Zealand and the United Kingdom. It is a hardware and subscription-based media content management platform that allow developers to build applications that will integrate with the Audalize services. The tech startup enjoyed 300% growth this year, according to the founder Ross Woodhams. The contracts have already been signed in NZ while a distribution arm will soon open in the UK.

Read the original article here: https://themusicnetwork.com/aussie-tech-startup-audalize-expanding-to-nz-uk/

HCL Technologies (HCL), a global IT major, opens a new and one of the largest facilities in Sri Lanka. This facility can accommodate around 4,000 employees. The new development is expected to provide global IT services to prospective clients. The architectural design and interiors of the new facility were delivered by Tikri Bibile Associates (TBA), with the support of WIDAC Commercial Interiors and Leema Associates.

Read the original article here: https://www.business-standard.com/article/companies/hcl-technologies-expands-its-presence-in-sri-lanka-opens-new-facility-121112500661_1.html