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UpGrad

UpGrad

upGrad is an Indian online higher education company, founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and, Ravijot Chugh.

upGrad is an Indian online higher education company, founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and, Ravijot Chugh. The company is the official education partner for Government of India - Startup India program. The EdTech company offers online programs to working professionals, college students, and corporates in the fields of IT, Data Science, Management and Technology.

Acqui-hiring

In 2016, upGrad acquired mobile SaaS-based product Pyoopil to deploy B2B online corporate training programmes. In 2018, the company acquired Acadview to enter the higher education market for college students. In 2019, upGrad acquired CohortPlus - an online community platform focused on product management and data science.

Academic Partners

upGrad collaborates with national and international academic partners to create online programs. It offers 30 programs in association with the academic partners that includes BITS Pilani, IIT Madras, IIIT-B, IMT Ghaziabad, NMIMS Global Access School for Continuing Education, Liverpool John Moores University (LJMU), Duke Corporate Education, MICA, Deakin University, and Liverpool Business School.

Accreditation

upGrad is accredited by National Skill Development Corporation (NSDC), Startup India program, and All India Council for Technical Education (AICTE).

Awards
  • LinkedIn’s ‘Top 25 Startups’ in 2018 and 2019
  • ‘Best Education Brands’ Award by Economic Times Best Brands 2018
  • ‘Best Tech for Education’ by IAMAI 9th India Digital Awards & Summit 2019

Timeline

April 2021
UpGrad raises $120M from Temasek.
August 12, 2020
UpGrad raises a $6,800,000 venture round from Iifl Asset Management.

Funding rounds

People

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News

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Author
Date
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Description
Richard Dal Porto
August 9, 2021
TechCrunch
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Sohini Mitter
August 9, 2021
YourStory.com
Higher education startup upGrad has become India's 21st unicorn this year. The $1.2 billion startup is also the third edtech unicorn.
Peerzada Abrar
August 9, 2021
@bsindia
Closes a series of raises from Temasek, IFC and IIFL, mopping up a total of $185 million
IANS
August 9, 2021
@bsindia
The company raised fresh funds to tune of $185 mn from Temasek, IFC and IIFL
Manish Singh
August 9, 2021
TechCrunch
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, said on Monday it has raised $185 million in a new financing round that valued it at $1.2 billion. Singapore's Temasek, the World Bank's International Finance Corporation, and IIFL financed the round, first tranche of it -- about $120 million -- was completed [...]
Anjuli Bhargava
July 28, 2021
@bsindia
upGrad recorded an annual run rate of $120 mn for the year ended March 2021
Samreen Ahmad
June 29, 2021
@bsindia
Eyes $400 million at 5 times current value
Saumya Tewari
June 14, 2021
mint
The report said digital advertising is expected to benefit from India's expanding digital economy
Tarush Bhalla
June 8, 2021
mint
upGrad co-founder and CEO Ronnie Screwvala talks about the company's acquisition strategy as it looks to foray into short-form courses. The company expects 40% of its revenues to come from international markets over the next two years, Screwvala adds
June 8, 2021
mint
The opportunities will be across departments like Learning Experience, Delivery, Marketing, and Program, along with Sales which will remain predominant, upGrad said in a statement
Prashant K. Nanda
June 8, 2021
mint
The Mumbai-based firm had raised $120 million from Singapore's Temasek in the last week of April, its first external funding since it was founded six years ago, to accelerate growth in its product offerings and geographic reach
June 3, 2021
mint
The initiative will enable organisations to enhance gender diversity in these fields which are typically seen as male dominated
June 3, 2021
mint
The initiative will enable organisations to enhance gender diversity in these fields which are typically seen as male dominated
Tarush Bhalla
May 23, 2021
mint
The acquisition will give an exit to Impartus' existing investor Kaizen, which had invested $4.1 million in the startup in 2015.
April 29, 2021
mint
The equity infusion of USD 160 million in two quick rounds takes the Mumbai-based startup closer to unicorn status
April 26, 2021
mint
Ronnie Screwvala's latest venture UpGrad is speeding toward a landmark $1 billion valuation
Prashant K. Nanda
April 26, 2021
mint
Indian online education market has been in a sweet spot over the past couple of years, and more so after covid-19 disruptions, and firms like UpGrad, Byju's have been doing brisk business
Prashant K. Nanda
April 26, 2021
mint
Indian online education market has been in a sweet spot over the past couple of years, and more so after covid-19 disruptions, and firms like UpGrad, Byju's have been doing brisk business
Saritha Rai | Bloomberg
April 26, 2021
@bsindia
Entrepreneur says his upskilling startup is targeting $2 billion in revenue by 2026.
Madhurima Nandy, Nandita Mathur
April 8, 2021
mint
After a spell of robust hiring focused on sales, marketing and operations to try and protect their revenue in 2020, startups are now looking to launch new products, ramp up tech capabilities and expand leadership as they grow
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