On 26 February, Internshala’s signature yellow-and-blue colours were punctuated with striking red balloons swaying across its offices. The red represented Upgrad, the edtech company that had acquired the internship-and-online-training platform with a 90�onomic TimesEdtech firm Upgrad acquires skilling firm Internshala stock swap for Rs 100 crore. 

After a takeover spree between 2020 and 2022—which included 12 emergency acquisitions—Upgrad was back with a bid, after a four-year hiatus. 

In the interim, it had salvaged its financials somewhat, nearly tripling its........

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