Mumbai, July 7 (TIWN) Global online higher education provider upGrad on Wednesday said it has earmarked $250 million for mergers and acquisitions (M&As) over the next seven-nine months, as it strengthens non-linear growth strategy.

“Outside of cash, we see a very strong value currency in our stock to look to merge/acquire companies with exceptional founders who will join us as fellow entrepreneurs to build this out over the next decade,” said Ronnie Screwvala, Co-founder, and Chairman, upGrad.  Screwvala said that upGrad has identified specific segments as well as target companies, two of which will be announced over the next 60 days.  It includes platform and high touch digital learning experience that will add to what upGrad pioneered in the last 6 years and a global play in immersive short form learning.