MAM
Sai Nagesh to join Lintas Media Group
MUMBAI: Sai Nagesh to join the Lintas Media Group as a senior position with Insight, its youngest brand that was launched last year, from April 2005.
According to an official communiqué, Sai will be working closely with Insight President Raj Gupta on its next phase of growth. Sai will be at the helm of a key account groups for the brand. Along with this, he will also be a part of the senior team involved in business development.
Sai is a veteran in the media services and planning business and has a varied experience in a career spanning almost a decade and a half. The media release also informs that he joins after a stint with Group M where he was director-marketing and corporate affairs and has also worked extensively on the retail sector in his capacity as an entrepreneur.
Lintas Media Group director Lynn de Souza said,” I believe this is the perfect start to Insight’s next stage of accelerated growth. I’m sure that Sai extensive experience and goodwill will ensure gains across functional areas. I look forward to a positive partnership”. She added, “His recruitment into the family is the first of more”.
Insight president Raj Gupta adds, ” Sai’s association with Insight establishes our intent to expanding the horizon for this brand. He will be a member of our core team involved in assuring Insights market offering is complete and relevant to the business needs of today. I’m also sure that our promise to deliver ‘not just GRP’s but returns’ will be further strengthened with Sai’s efforts”.
Sai Nagesh says,”The name Insight itself is self explanatory. The role and responsibilities that Raj outlined to me is very exciting and I am looking forward to the association.”
Brands
upGrad acquires Internshala in 90 per cent stock deal to own career funnel
Deal aims to scale Internshala’s revenue from Rs 45 crore to Rs 100 crore
MUMBAI: upGrad has acquired Internshala, the world’s largest internship and early-talent marketplace, in a bid to stitch education, skilling and employment into a single career pipeline.
The transaction, announced on 26 February, is structured as a 90 per cent stock-swap, with the financial terms undisclosed. The deal deepens upGrad’s push to control the full career lifecycle, from learning to hiring, at a time when India’s skilling economy is under pressure to deliver outcomes, not just credentials.
Founded in 2010, Internshala claims more than 34 million registered users and 450,000 employers, with roughly 3 million active applicants each year. Over 40 per cent of its users come from tier 2 and tier 3 cities, and most of the platform’s traffic is organic. The company currently reports an annual revenue base of Rs 45 crore.
Under upGrad’s ownership, Internshala is expected to scale aggressively. The company aims to grow the platform’s revenue to Rs 100 crore and beyond, backed by increased investment in product development, AI-led talent matching and enterprise hiring solutions.
Internshala will continue to operate as an independent brand, led by its founder and CEO Sarvesh Agrawal, while tapping into upGrad’s technology stack, distribution and learning ecosystem.
“Education and employment in India have operated in silos for too long,” said upGrad head of corporate strategy and growth Chirag Samdaria. He said the acquisition strengthens the earliest and most consequential stage of the career journey, where intent is high and outcomes can be shaped.
Agrawal described the deal as a natural convergence of learning and opportunity, adding that the partnership would allow Internshala to skill millions of candidates and supply pre-trained talent to employers at scale.
Investec acted as exclusive financial adviser to Internshala.
The acquisition marks a strategic milestone for upGrad as it seeks to position itself not merely as an education provider, but as an end-to-end workforce development platform aligned with India’s evolving labour market.
