The Competition Commission of India (CCI) has granted approval for the acquisition of certain shareholding in Sorting Hat Technologies Private Limited and its subsequent merger with and into upGrad Education Private Limited. This proposed combination involves two Indian private companies with upGrad Education operating across both formal and non-formal education sectors, while Sorting Hat Technologies focuses specifically on the non-formal education sector. The regulatory approval was announced on July 7, 2026, through a PIB Delhi release, with the commission noting that a detailed order explaining the rationale and conditions of the approval will follow separately.
CCI Approves upGrad Merger with Sorting Hat
M&A / Stake Purchase / Joint Venture
Price while announcement
Current price (CMP)