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# Indian edtech firm Upgrad raises $255 million in fresh funding
- URL: https://www.techloy.com/indian-edtech-firm-upgrad-raises-255-million-in-fresh-funding/
- Published: 2022-06-15T10:59:59.000Z
- Updated: 2022-12-08T01:35:07.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Edtech, Tech in India

[Upgrad,](https://www.upgrad.com/ng) an edtech firm focusing on higher education learning and upskilling has raised $255 million in its new funding round, at a $2.25 billion valuation. 

- The firm offers educational services including study abroad test prep, undergrad degrees to campus in 250 universities, and courses in law, business, finance, and software.
- It targets $500 million in gross revenue for FY 2023\.
- Lupa Systems LLC, the US testing and assessment provider (ETS), the office of Lakshmi Mittal, Sunil Bharti Mittal, and Temasek Holdings participated in the round.