upGrad in FY23 doubles revenue - loss remains the same
Current October-December quarter tracks 100% YoY growth & a break-even quarter
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Budget 2023: Startups seek tax benefits, policy support amid funding freeze
Addressing angel tax on startups will make it easier for them to access funding, grow their businesses and become more competitive, says MobiKwik co-founder and COO Upasana Taku.
Amid edtech layoffs, upGrad to hire 1,400 employees
The development comes days after upGrad reported that its losses have widened threefold to ₹626.6 crore in the financial year ended March 2022, as against ₹211.1 crore in the same period last year.
CRED, upGrad, Groww & Zepto top start-up choices for work: LinkedIn
The list is compiled across four pillars namely employee growth, job seeker interest, member engagement with the company, and its employees, and the ability of start-ups to attract and retain talent.
Startups' funding winter to continue for next 12-18 months: Report
Despite the funding winter, edtech unicorn UpGrad raised another big round of $210 million funding in August .
Discourse has shifted from TAM to profitability: upGrad
Firms will have to expand their footprint in non-metros, which present a huge opportunity, and will need to devise affordable product pricing, says Mayank Kumar, co-founder & MD at upGrad
Predictions 2022: AI-enabled games, VR, ML tools will drive online learning
While learning programs and tools are largely in English as of now, there is an opportunity in creating regional content to reach remote areas and smaller colleges, says upGrad’s Mayank Kumar
Edtech juggernaut: 2 unicorns, $3.8 bn fund raise
Between January and August 2021, the country’s edtech space has attracted almost 4x more funding than last year while adding 2 new unicorns.
upGrad: India’s newest unicorn
The edtech firm raises $185 million at a valuation of $1.2 billion. upGrad is India’s 22nd unicorn this year so far and the third in the edtech space after larger rivals Byju’s and Unacademy.
Watch: Ronnie Screwvala’s big edtech bet
Ronnie Screwvala, serial entrepreneur and co-founder of upGrad, South Asia’s largest higher edtech company, talks about how edtech is revolutionising the education landscape in India.
