Career tech venture Board Infinity has acquired Leadup Universe, a platform that specialises in creating unique learning programmes and career pathways for aspiring CXOs.
The move will extend Board Infinity’s offerings beyond its current ones that focus on early careers to mid-senior level executives who are aspiring to be future CXOs. While the deal value and financial details of the transaction have not been disclosed, the company shared that the entire team of Leadup Universe, including its co-founders and investors, will join Board Infinity. The brands, however, will be separately retained, the company said.
Founded in 2021 by Mayank Verma and Rashmi Mandloi, Leadup has strong premium university tie-ups, an exclusive CXO Club, and Strategic Programmes for Executives. Sandeep Sinha from Lumis Partners, Pankaj Bansal Partner at Work Universe & Group CEO of PeopleStrong, Sulbha Rai, CPO at Renewbuy.com, and NS Rajan, Former CHRO of Tata Sons are investors and advisors in Leadup Universe.
Sumesh Nair, Co-founder and CEO of Board Infinity, said,
“The acquisition of Leadup would enable Board Infinity to facilitate higher lifetime value per customer over a 20-year period using the newly created career graph product which can be the de-facto way careers can be made for professionals from early career till C-Suite. Leadup’s first programme with XLRI is a massive success and the community has more than 10,000 aspiring CXOs. We would want to leverage the strengths of both companies and create programs for the technology and management space for mid-career and late-career professionals while Board Infinity continues to strengthen its leadership in the early careers space.”
“We have disrupted learning engagement in the senior executive career space with more than 95% of customers completing our courses enabled by a hybrid experience and CXO mentoring compared to the typical average of 50% in self-paced video courses,” Mayank, co-founder and CEO of Leadup Universe, added.
This is the first acquisition for Board Infinity. Many career-tech companies are in discussion with Board Infinity to create a formidable alliance of brands that can solve repeat use cases in the career tech space and build a platform with real synergies from a revenue and cost standpoint. Through this acquisition, both entities will create 4x career transitions and enhance the value proposition at scale in the market which is a great outcome for customers, team, and investors, said a statement.
Board Infinity was founded in 2017 by two SP Jain Institute of Management & Research alumni, Abhay Gupta and Sumesh Nair, to provide a one-stop platform to connect students with distinguished experts from industries to land suitable opportunities. The highlighting features of the platform include numerous career services and placement opportunities, over 100+ hours of hands-on assignments, weekly industry guest sessions and workshops, 1:1 evaluations and doubt-clearing sessions, lifetime access to course content, 24X7 support through discussion form, 1:1 placement preparation, live projects & hackathons, continuous mocks, viva and feedback sessions and electives & specializations to name a few. As of 2022, Board Infinity has scaled to accommodate more than 2000 industry experts as teachers impacting over 100,000 learners.