upGrad joined the Unicorn Club on Aug 09, 2021 after crossing a $1 billion valuation milestone. Headquartered in Mumbai, Maharashtra, India, upGrad provides professional certification and online education programs to help working professionals and students upskill across multiple domains.
The platform collaborates with top global universities to deliver online degrees, postgraduate diplomas, certification courses, and executive education.
Keep reading to learn how upGrad scaled into a leading online education unicorn.
What Is upGrad and What Does It Do?
Founded in 2015, upGrad is an online education platform offering industry-relevant programs to help professionals and students advance their careers. Its offerings include online degrees, postgraduate diplomas, certification courses, and executive education in data science, AI, business management, digital marketing, software development, and more.
The platform integrates learning management systems, industry projects, mentorship, and assessments to ensure practical skills and career outcomes.
How Much Funding Has upGrad Raised?
1. Series C Round
- Amount Raised: $60 million
- Date: October 2024
- Lead Investors: Temasek, 360 One
- Valuation: ₹16,000 crore
- Purpose: Expand global course offerings, scale technology infrastructure, and grow enterprise and student enrollment
Total Funding Raised: $329 million Latest Funding Round: Series C Latest Funding Date: October 2024 Employee Count: 7,972 as of May 31, 2025
Key Investors
- Temasek
- Details: Global investment company based in Singapore
- Focus Areas: Technology, education, and digital platforms
- 360 One
- Details: Venture capital and growth equity investor
- Focus Areas: Technology enabled services and education platforms
Where Is upGrad’s Headquarters?
upGrad is headquartered in Mumbai, Maharashtra, India, supporting its product development, learning operations, and corporate teams for global online education.
What’s Next for upGrad?
upGrad plans to expand its global course offerings, deepen university collaborations, enhance digital learning technology, and scale enterprise and student enrollment. The company is focused on delivering career-relevant education and strengthening its position as a leading online learning platform.
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