Edtech giant upGrad appoints former DealShare executive Venkatesh Tarakkad as its new Chief Financial Officer

Bengaluru-based edtech unicorn upGrad has announced the appointment of Venkatesh Tarakkad as its Chief Financial Officer (CFO), a move aimed at bolstering its financial leadership team and driving strategic financial initiatives on a global scale. Tarakkad, previously associated with DealShare, brings a wealth of experience and expertise in financial management to his new role at upGrad.

In his capacity as CFO, Tarakkad will be tasked with overseeing upGrad's domestic and international financial strategies, encompassing key areas such as investor relations, business finance, corporate finance, financial planning and analysis, as well as risk management. This appointment marks a significant milestone for upGrad, as it is the first time the company has appointed a CFO since its inception in 2015.

Mayank Kumar, co-founder and Managing Director of upGrad, highlighted the importance of bringing in seasoned leadership to navigate the evolving complexities of the business. He emphasized that as upGrad continues to expand and mature, it is imperative to augment the leadership team with individuals capable of driving strategic financial decision-making and ensuring sustainable growth.

With a focus on innovation and excellence, upGrad has emerged as a prominent player in the global edtech sector, offering a diverse portfolio of online learning programs across various domains. The appointment of Venkatesh Tarakkad as CFO underscores upGrad's commitment to driving forward-looking financial strategies and consolidating its position as a leader in the digital education space.