upGrad invests INR 30 crores to set up TuringMinds to Power Emerging Tech products of New Economy

 

Asia’s largest higher Edtech company upGrad records another milestone within the product segment with its brand ‘TuringMinds’.With more than 150 full-time faculty (94% PhDs), One upGrad has become a powerhouse in the most coveted emerging technology areas like AI and ML. TuringMinds was set up last year to cater to the tremendous traction from enterprises for outsourced research and product development, leveraging this one-of-its-kind scholar pool.  

With an investment of INR 30 crores TuringMinds currently operates with over 15+ offline facilities in the US, India, Europe, UK, and Middle East. Their offices in Hyderabad, Bengaluru and Detroit are already operating with a professional workforce of 250 product engineers and the business further aims to double this in the next quarter. TuringMinds is building a complete ecosystem of senior Data Scientists and ML engineers through campus recruitments in India. On the need for such strong hiring in these times" Says Prof Anuradha Sharma, President of TuringMinds.

Commenting on the development, Dr Dakshinamurthy V Kolluru, CEO of uGDX and TuringMinds added, “We have always worked with a very strong industry-centric DNA, and we further saw this as an opportunity to leverage the expertise of our talent through TuringMinds. TuringMinds provides a one-of-a-kind opportunity for industry-focused academicians to directly work with corporates and create business-ready products for them.”

“In addition to our LifeLongLearning suite, we are hiring bachelor’s to doctorate degree holders in large numbers to fuel our mission of developing full-fledged marketable products. This further gives One upGrad an edge over its peers and strengthens our stature as the key employment enabler within the country,” saidRonnie Screwvala, Co-Founder and Chairperson, upGrad.