In this write-up, I am going to tell you the success story of the most prestigious personality from the Indian Edtech industry – Mayank Kumar who is the co-founder and Managing Director of UpGrad. He has surpassed a commendable journey of entrepreneurship to successfully implement and run UpGrad as an EdTech Venture. So let’s start this UpGrad Founder Mayank Kumar BIography to learn about his journey of life.
Table of Contents
- Mayank completed his mechanical engineering from IIT, Delhi, and MBA from the Indian School of Business.
- In UP, he met with 4 engineering students with degrees but zero knowledge as there was no good teaching staff and other methods of learning from here he got the idea to create something that could drive millions of dreams with quality higher education.
- In 2015, Mayank Kumar, Ronnie Screwvala, Ravijot Chugh, and Phalgun Kompalli founded upGrad and after 4 years of launching it became the largest platform of higher education in the Indian market.
Mayank Kumar Biography
Mayank Kumar was born in the year 1984 in Assam, India. He was a brilliant child from the beginning but never got the chance of high-quality education as it was too expensive for a child belonging to a small town in Assam. As of 2023, Mayank Kumar age is 39 years.
The journey of UpGrad began when he 4 engineering students in Uttar Pradesh. He found the problem of quality education as the parents of those 4 students paid a high amount as their fees just for a piece of paper but there was no fine medium of learning and no quality education.,
This hit Mayank so hard and he got the idea to create an educational platform that would be accessible to every student who seeks to learn and hence the idea of UpGrad was born. Currently, Mayank Kumar is the co-founder and MD of UpGrad. He recently came into the headlines as he stepped down from the position of Chairperson at India Edtech Consortium on 4 October. He did so because he wanted to prioritize the growth of UpGrad.
|Full Name||Mayank Kumar|
|Date of Birth||1984|
|Age||39 Years (As of 2023)|
|Residence||Mumbai, Maharashtra, India|
|Father’s Name||Mr. Kumar|
|Mother’s Name||Mrs. Kumar|
|Qualification||BTech & MBA|
|College Name||BTech – IIT, Delhi, and MBA – Indian School of Business|
|Current Position||Co-Founder & MD|
|Net Worth||Yet To Confirm|
Mayank Kumar Education
Mayank Kumar was born and raised in a small village of Assam state and thus he also completed his early education there. As per the information available about Mayank Kumar’s education, he was the first to apply to IIT. In 2001, Mayank Kumar enrolled himself at the Indian Institute of Technology, Delhi to pursue a Bachelor of Technology in Mechanical Engineering which he completed in 2005.
After completing his engineering at the IIT, Delhi, he joined the Indian School of Business in 2008 to pursue his Master of Business Administration in Analytical Finance which he completed in 2009.
Mayank Kumar Family
Mayank Kumar family consists of his parents and siblings but unfortunately, he has not shared any information about his family as of now. He used to live in a small village in Assam where he was the only one who applied to IIT and he gives the whole credit for his success to his father who always supported him. Mayank also considers his father as his aspiration.
Mayank Kumar Career
Right after completing his engineering at the IIT, Delhi, he joined Tata Strategic Management Group in September 2005 as a Business Analyst and worked for around 2 years and 9 months and left the company in May 2008 in order to join the Indian School of Business for his MBA.
When he completed his MBA in 2009, he joined The Parthenon Group initially as a Principal and in 2012 he became the Senior Principal. He worked there for a total of 4 years and 8 months. In January 2014, he joined Bertelsmann India Investments as the Vice President and managed the direct investments in the digital, tech, media, and education space. He left Bertelsmann in March 2015 to start his own journey of entrepreneurship with UpGrad.
Mayank Kumar upGrad
Mayank Kumar career was going smoothly, he worked at multiple ventures but the turning point of his life came when he met 4 engineering students at UP with Degrees in their hands but no learnings in their brains.
There were no teachers or other medium of learning. This hit him so hard that their parents paid a high amount of fees just for the piece of paper. He decided to build a platform where everyone can upgrade their skills at a low price and hence in March 2015.
Mayank Kumar, Ronnie Screwvala, and Phalgun Kompalli co-founded UpGrad as an educational technology company with a mission to provide a lifelong learning platform for global learners. In an interview, he said that initially, people laughed at them to even compete with a cluttered market. It is well said that when you have vision, will, and consistency, you can achieve anything you have desired. Within 4 years of launching in 2019, Mayank Kumar UpGrad became India’s largest higher education platform in terms of highest gross revenue in India.
In 2020, Mayank Kumar UpGrad successfully registered 1 million learners and also launched multiple products including upGrad Degrees, upGrad Recrut, upGrad Study Abroad, etc. As of now, Mayank Kumar upGrad is not just an Indian name but has become a global higher education platform with over 2 million registered learners from 100 countries, it is about the year 2021, and at the same time, Mayank Kumar upGrad hit the valuation of $1.2 Billion and became a Unicorn Edtech company.
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Mayank Kumar Net Worth
UpGrad founder Mayank Kumar net worth can not be estimated at this point in time. His main source of earnings is his business. He was also the Chairperson of India Edtech Consortium from which he stepped down as he wanted to focus on the Growth of upGrad.
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Mayank Kumar UpGrad Shark Tank India
Mayank Kumar upGrad is one of the co-presenting sponsors of the Indian business reality show – Shark Tank India. Being the presenting sponsor of the show, upGrad is providing life-learning courses worth INR 1.5 Crore. It is also the sponsor of the 3rd season of the Shark Tank India.
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Mayank Kumar Social Media
In this upGrad founder Mayank Kumar biography, I have shared all the crucial details about the entrepreneur and you might be interested in following him as he is available on various social media platforms including Instagram, Facebook, Twitter, LinkedIn, etc. where you can follow him and can stay connected with him.
Mayank Kumar Twitter handle name is @mayank_kmr and he has more than 6,750 Followers on Twitter while his LinkedIn username is Mayank Kumar and he has more than 31,531 followers and 500+ connections on LinkedIn.
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Interesting Facts About Mayank Kumar
Through this upGrad founder Mayank Kumar biography, I have tried my best to provide you with all the crucial details and thus you must have read up on these facts about Mayank Kumar. So here I am sharing some interesting and lesser-known facts about Mayank Kumar below.
- Mayank Kumar was the only one to apply to IIT in his community.
- He did his engineering from IIT Delhi and his MBA from the Indian School of Business.
- Mayank Kumar, Ronnie Screwvala, and Phalgun Kompalli co-founded upGrad in 2015.
- In 2019, after 4 years of launching, Mayank Kumar upGrad became India’s largest ed-tech platform in terms of gross revenue in the Indian market.
- When they started upGrad as a higher education technology company, people laughed at them and now it is a global learning platform.
- Mayank Kumar upGrad hit a valuation of $1.2 Billion and became a Unicorn Edtech company.
- Mayank was named the Education ’40 under 40′ Achiever by Business World in 2020.
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Through this upGrad founder Mayank Kumar success story, we have learned that everyone has the potential to unlock success in their life. We all need to work on our best potential with consistency and we can achieve whatever we want. Mayank Kumar upGrad success story is really very inspiring.
In this Mayank Kumar biography, I have shared all the details about the entrepreneur including Mayank Kumar birthday, Mayank Kumar age, Mayank Kumar education, Mayank Kumar family, Mayank Kumar startup, Mayank Kumar net worth, Mayank Kumar upGrad Shark Tank, Mayank Kumar social media, some interesting facts about Mayank Kumar, etc.
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Hope this Mayank Kumar upGrad success story was inspirational for you and the content I have provided was also useful and informative enough for you. Thanks for reading.
Who is Mayank Kumar?
Mayank Kumar is the founder and Managing Director of upGrad – an online higher education global platform.
What is Mayank Kumar net worth?
The estimated Mayank Kumar net worth can not be determined at this time.
What is Mayank Kumar age?
UpGrad founder Mayank Kumar age is 39 years as of 2023. He was born in the year 1984 in a small village of Assam.
Who is the founder of upGrad?
Mayank Kumar, Ronnie Screwvala, Ravijot Chugh, and Phalgun Kompalli are the founders of India’s largest higher education platform upGrad.