UpGrad Education Private Limited Asset Profile

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Year established

2015

Location

Mumbai Maharashtra India

Primary Industry

Education/Training

About

Founded in 2015 and based in Mumbai, India, UPGRAD EDUCATION PRIVATE LIMITED operates as a provider of an e-learning platform that offers online courses and industry-relevant programs on advertising and digital marketing programs. In June 2024, UpGrad Education Private Limited raised INR 2.87 billion in venture debt funding from EvolutionX Debt Capital.

Current Investors

Temasek Holdings, International Finance Corporation, Unilazer Ventures

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Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services, Education & Training Software

Website

www.upgrad.com

Verticals

Artificial Intelligence, EdTech, Mobile Apps

Company Stage

Series F

Total Amount Raised

Subscriber access only

Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Mar 2013

(47,946)

31 Mar 2014

(67,753)

(67,918)

31 Mar 2015

(4,530,662)

(4,527,347)

(4,546,574)

31 Mar 2016

5,544,607

(100,220,512)

(1807.5%)

(96,979,127)

(1749.1%)

(100,231,022)

(1807.7%)

31 Mar 2017

137,561,303

2381%

(188,985,970)

(137.4%)

(182,794,200)

(132.9%)

(188,040,925)

(136.7%)

31 Mar 2018

361,139,573

162.5%

(311,205,287)

(86.2%)

(300,792,677)

(83.3%)

(310,785,637)

(86.1%)

31 Mar 2019

851,396,921

135.8%

(419,769,587)

(49.3%)

(404,534,806)

(47.5%)

(433,579,743)

(50.9%)

31 Mar 2020

31 Mar 2021

31 Mar 2022

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Employee Data

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