Wolves India is now acquired by upGrad Rekrut, a fully owned subsidiary of the prominent online higher education platform upGrad, for an undisclosed amount.
Wolves India, a company based in Bengaluru, specializes in hiring top-notch tech talent for startups as well as mid- and large-sized businesses both domestically and abroad.
Wolves India has completed over 5,000 placements in the technical and product roles with 70 professionals. Through its proprietary solution named “Quasara,” it has also been solving difficult hiring problems in the aerospace sector. According to upGrad, Wolves India will continue to operate autonomously.
Mayank Kumar, Co-founder and MD of upGrad, said, “While with upGrad Rekrut, we saw our learners receiving record-breaking CTCs during FY22, the joining of Wolves India will give us an edge in the tech ecosystem.”
Raghu S, Founder, and Director, Wolves India, said, “We will support upGrad to present world-class tech job opportunities to its learners and, together with upGrad Rekrut, create a market leader in tech hiring.”
By FY26, it is expected that the Indian IT market will reach $350 billion and see a sustained demand for qualified talent.
As the pandemic affects the labor market in the nation, upGrad announced last month that it will onboard 1,000 employees in India over the next three months from more than 100 campuses, including Metros and tier 2 and 3 cities.
Furthermore, The market leader in edtech announced that its subsidiary upGrad rekrut will also employ individuals from its talent pool of students.