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Co-Founder Story

Mayank Kumar and his role at upGrad

The upGrad co-founder who swapped his MD role for a new venture in 2024.

Mayank Kumar co-founded upGrad in 2015 with Ronnie Screwvala and Phalgun Kompalli. He holds a BTech from IIT Delhi and an MBA from the Indian School of Business.

Before upGrad he was Vice President, Education at Bertelsmann. He served as managing director of upGrad and was chairperson of the India Edtech Consortium until October 2023.

In late September 2024 he stepped down as managing director. He described the move as a swap with chairman Ronnie Screwvala. He held about 8 percent of the company then, while Screwvala held about 44 percent.

His new venture focuses on helping skilled Indian blue-collar workers build careers abroad. He remains a co-founder, director and shareholder of upGrad.

Read the full upGrad founder story

What is Mayank Kumar's education?

Mayank Kumar has a BTech from IIT Delhi and an MBA from the Indian School of Business.

What did Mayank Kumar do before upGrad?

He was Vice President, Education at Bertelsmann.

Why did Mayank Kumar leave upGrad?

In late September 2024 he stepped down as managing director to start a new venture. It helps skilled Indian blue-collar workers find jobs abroad. He stayed on as a co-founder, director and shareholder.

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