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Unicorn upGrad eyes EBITDA profitability next fiscal

Finance

21 February, 2023

Unicorn upGrad eyes EBITDA profitability next fiscal

Ronnie Screwvala-led upskilling unicorn upGrad is aiming to turn operationally profitable in the next fiscal even as the company looks ......

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Flashback 2022: A roller-coaster ride for the edtech sector

TMT

28 December, 2022

Flashback 2022: A roller-coaster ride for the edtech sector

The year 2022 can very well be touted as a tumultuous one for the Indian edtech or the education technology ......

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Deals Digest: Companies raise $489 mn this week as deal count soars; upGrad snags $210 mn

Finance

12 August, 2022

Deals Digest: Companies raise $489 mn this week as deal count soars; upGrad snags $210 mn

The venture capital (VC) and private equity (PE) funding activity witnessed an uptick with companies raising $489 million from last ......

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Deals Digest: Companies rack up $171 mn this week as number of deals drop

Finance

05 August, 2022

Deals Digest: Companies rack up $171 mn this week as number of deals drop

The venture capital (VC) and private equity (PE) funding activity remained subdued with companies raising $171 million, a drop from ......

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UpGrad optimistic towards a ripe future amid tough times

People

26 July, 2022

UpGrad optimistic towards a ripe future amid tough times

UpGrad’s core operations, comprising half of its overall business, is profitable, and with new hiring and acquisition plans, the edtech ......

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Deals Digest: Total value drops as early-stage funding takes lead in ecosystem

Finance

22 July, 2022

Deals Digest: Total value drops as early-stage funding takes lead in ecosystem

Venture capital and private equity funding activity remained subdued in terms of value this week, as low-ticket early-stage funding took ......

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'Higher education has more value than K12 segment'

Consumer

07 April, 2022

'Higher education has more value than K12 segment'

UpGrad, a higher education platform, on Wednesday announced the acquisition of education startup Talentedge at a valuation of ₹205 crore. ......

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‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

Consumer

13 January, 2022

‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

LEAD, formerly known as LEAD School, owned and operated by Leadership Boulevard Pvt Ltd, turned unicorn on Thursday after it raised $100 ......

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SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

Consumer

10 January, 2022

SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

SoftBank-backed edtech unicorn Eruditus Education Pvt Ltd plans to deploy as much as $1 billion (Rs 7,500 crore) for mergers ......

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'An acquisition in the US is quite likely', says upGrad cofounder Mayank Kumar

TMT

06 December, 2021

'An acquisition in the US is quite likely', says upGrad cofounder Mayank Kumar

Ronnie Screwvala-led upGrad Education that turned unicorn--a startup valued at over $1 billion--in August this year, said it has entered ......