- Edtech platform upGrad has announced that it has raised ₹300 crore via right issue from existing investors, including Temasek and Ronnie Screwvala.
- This is the first fundraising of the Mumbai-based unicorn in 2023.
- Ronnie Screwvala invested ₹212 crore, while existing backer Temasek infused ₹81 crore.
- The remaining amount came from other investors.