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Indian edtech firm Upgrad raises $255 million in fresh funding

Upgrad, 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

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Indian edtech firm Upgrad raises $255 million in fresh funding
Photo by Compare Fibre / Unsplash

Upgrad, 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.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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