UpGrad raises ₹300 crore from current investors

  • 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.


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