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UPGRAD
upGrad
Online higher education / edtech · Mumbai · India · Founded · 2015 · ≈ · 11,544 · employees

upGrad Funding — Last Valued at $1.2B

Private

upGrad has raised $283M across 1 funding round, plus 2 undated rounds. The latest round valued upGrad at $1.2B post-money, with Temasek on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
upGrad funding · at a glance
Total raised, all rounds
$283M
sum of disclosed sizes
Funding rounds
1
plus 2 undated rounds
Latest round
$1.2B
post-money · Aug 2021
Lead on that event
Temasek
International Finance Corporation, IIFL
2021
About upGrad

upGrad's valuation reached $1.2 billion when it achieved unicorn status in August 2021. The Indian edtech platform has received backing from Temasek Holdings, a Singapore-based state investment company, along with IIFL Finance and Educational Testing Service.

Funding timeline

The upGrad funding timeline

1 funding round, the latest highlighted.

2015
upGrad founded

upGrad was founded in 2015, India.

UNDATED
Series F, Internal funding

No date is disclosed for this round.

AUG 2021LATEST
Funding round at $1.2B post-money

International Finance Corporation, IIFL. $185M raised, led by Temasek.

Valuation basispost-moneyAmount$185MPrice / shareLeadTemasek
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

upGrad funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Funding round LATEST
Aug 2021
$185M
$1.2Bpost-money
—
Temasek
International Finance Corporation, IIFL
Series F
—
$60M
$2.2Bpost-money
—
Temasek
Bharti Enterprises (secondary buyout)
Internal funding
—
$38M
$1.7Bpost-money
—
Ronnie Screwvala
Temasek, International Finance Corporation, 360 ONE Opportunities Fund
upGrad · investors

Investors

RRonnie ScrewvalaLEADTemasekLEADTemasek HoldingsIIIFL FinanceEEducational Testing Service

Frequently asked questions

How can I get exposure to upGrad?›

The routes section explains what is realistically available for a company at this stage.

Is upGrad publicly traded?›

No. upGrad is a private company; its shares do not trade on a public exchange.

What is upGrad's valuation?›

The last valuation is $1.2B.

Who are upGrad's competitors?›

The closest online higher education / edtech peers are on the competitors page.

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