Edtech company upGrad has announced two strategic appointments to further strengthen its domestic footprints, effective November 2022. Brijesh Nain and Paras Jhaveri have joined the global edtech company as the business unit head and vice president - finance, respectively.
Nain, in his new role, will focus on strengthening upGrad’s sales and marketing efforts for data vertical while also implementing product innovations for higher business results. With over a decade of experience, Brijesh has led high-growth business teams across telecom, consumer products, and pharmaceutical segments. In his last stint with BYJU’S, he spearheaded the exam-prep division while also taking care of the marketing and product strategies for higher sales funnel efficiency.
Jhaveri, on the other hand, will lead as the financial advisor to the senior management for strategic business growth. He will also manage compliance functions end-to-end for upGrad and its divisions for streamlining the financial planning and reporting processes. A Chartered Accountant by qualification, he started his career with PwC and worked with other companies wherein he went on to build stronger finance departments for various businesses. He also worked as the AVP -finance with the Walt Disney Company.
Commenting on the development, Mayank Kumar, Co-founder, and MD, upGrad said, “We have expanded our domestic footprint significantly and introduced new business lines to support our growth momentum. It’s important for us to have leaders like Brijesh and Paras who come with strong business fundamentals and have steered growth and profitability for multiple brands. We have planned certain organic developments for the current and upcoming FYs which will surely amplify our market visibility and foothold. Therefore, we are confident to leverage their expertise and strong leadership skills to further multiply our efforts for 100%+ results.”
“This is my chance to drive a business vertical end-to-end, while also streamlining and implementing new practices for enhanced results. India is one of the leading upskilling markets and it's important for us to understand market dynamics, way before we reach out to our TG. I’m excited to leverage upGrad’s existing popularity to streamline certain processes, introduce new additions to address the rising demands of working professionals and recruiters and then deliver excellence for higher revenue results,” said Brijesh.
“Great businesses are built on timely decisions and I look forward to using my past expertise in creating strategies that will support upGrad on its mission of driving profitability for multiple business lines,” said Paras.