India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#297- Valuation
- ₹18,670 Cr
2023 #240 2022 #209 2021 #344
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About upGrad
upGrad is an Education company based in Mumbai (India) founded in 2015 by Ronnie Screwvala, Phalgun Kompalli, and Mayank Kumar. Professional certification training courses are provided via an online platform. upGrad has raised $371.77 million across 9 funding rounds from investors including International Finance Corporation, 360 One and Bharti Enterprises. The company has 6,673 employees. upGrad has completed 17 acquisitions, including AcadView, Centum Learning and Cohortplus. upGrad was last valued at $1.73 billion in May 2026. Its chief executive, as recorded, is Myleeta Aga Williams. Its website upgrad.com draws about 1.7 million monthly visits. Its Indian entity Upgrad Education Private Limited reported revenue of ₹1,732 Cr. upGrad offers products and services including Online Courses and Certifications. Its focus areas include EdTech, Continued Learning, Professional and Online Learning.
Company details
upGrad was founded in 2015 and is headquartered in Mumbai, India. An online education platform is operated, focusing on industry-relevant programs for working professionals and students. Collaborations with global universities enable offerings such as online degrees, postgraduate diplomas, certification courses, and executive education. Coverage includes fields like data science, artificial intelligence, business management, digital marketing, and software development.
Recognitions & Rankings of upGrad
- Headquarters Mumbai, India
- Employees 6,673
- Founders Ronnie Screwvala, Phalgun Kompalli, Mayank Kumar
- Stage Unicorn
- SectorsEducation
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website upgrad.com/us
- Social LinkedIn X Facebook YouTube
- Legal Name Upgrad Education Private Limited
- Date of Incorporation 11 Dec, 2012
- Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
- Annual Revenue₹1,732 Cr
FY 2026 · +5% YoY
- Net Loss-₹131 Cr
FY 2026 · -8% margin
- EBITDA₹119 Cr
FY 2026 · 7% margin
- Total Equity Funding$371.77M (USD)
in 9 rounds
- Latest Funding Round$42.59M (USD), Series F
Apr 2026
- InvestorsInternational Finance Corporation
& 28 more
- Employee Count6,673
- Investments & AcquisitionsAcadView
& 16 more
Associated legal entities of upGrad
upGrad operates through Upgrad Education Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Upgrad Education Private Limited CIN U80902MH2012PTC258559 | Active | 11 Dec 2012 | Mumbai, Maharashtra | ₹1,732 Cr | 8,204 | 9 | View details |
Products & Services of upGrad
upGrad offers a comprehensive portfolio of products and services, including Online Courses and Certifications.
Online Courses
Education Services
Online courses are provided for professional development, covering areas like AI, data science, and management.
Certifications
Professional Training
Certifications are offered in collaboration with partners like Microsoft and PwC, focusing on skills in generative AI and digital marketing.
Apps and channels of upGrad
upGrad publishes 2 mobile apps with over 1M+ downloads; its YouTube channel upGrad has 236K subscribers and 30 videos.
Videos from upGrad
The most watched videos on upGrad's YouTube channel, upGrad (236K subscribers). Click a video to play it here.
This Is WHY You’re Jobless
F**k your desk job | CareerSh*t Advice ft. Ronnie Screwvala, Raunaq Rajani, Anirban & Angad
💼 Salary STUCK @ ₹14,000 After B.Com | Now What?! | (ft.@LabourLawAdvisor)
4 yrs BTech + 2 yrs MTech = ZERO Jobs | (ft. Labour Law Advisor)
More on upGrad.
Funding Insights of upGrad
upGrad has successfully raised a total of $371.77M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $42.59 million completed in April 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $371.77M
- Total Rounds 9
- Last Round Series F — $42.59M
- First Round $6.68M
(Aug 2020)
- Investors Count 29
All 9 funding rounds of upGrad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $42.59M | Series F | – | Temasek | |
| Oct 2024 | $60M | Series C | – | Temasek | – |
| Jun 2024 | $34.44M | Debt – Conventional | – | – | |
| Mar 2023 | $36.43M | Series B | $1.86B | – | |
| Aug 2022 | $64.09M | Series B | $1.85B | Temasek | |
| Aug 2021 | $19.73M | Series A | $••••• | 360 One | – |
| Jul 2021 | $28.93M | Series A | $••••• | IFC Asset Management Company | |
| Apr 2021 | $120M | Series A | $••••• | Temasek | – |
| Aug 2020 | $6.68M | Debt – Conventional | – | – |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $1.86B | •••••••• |
| Aug 2022 | $1.85B | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| Jul 2021 | $••••• | •••••••• |
| Apr 2021 | $••••• | •••••••• |
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Full valuation and stage history of upGrad
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Last known valuation $1.73B (May 2026). 29 investors in total: 19 institutional and 10 angel.
Investors in upGrad
upGrad has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, 360 One and Bharti Enterprises.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Private debt fund focused on growth-stage technology companies | evolutionx.com.sg | Singapore, Singapore | ||
Early- and late-stage investments are managed by Unilazer Ventures. | 1991 | unilazer.com | Mumbai, India | |
Capital is mobilized and invested in sustainable emerging market companies. | ifcamc.org | Washington, Dc, United States | ||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Multiple sectors are targeted for investments by ETS Strategic Capital. | ets.capital | Princeton, United States | ||
Investment in India's startup ecosystem through private market funds and asset management. | 2021 | nuevacapital.in | Delhi, India | |
Venture capital investments in ethical businesses and high-growth sectors in India. | 2017 | mountjudi.com | Bengaluru, India | |
Startup incubator | citadelvc.com | Palo Alto, United States | ||
Private equity firm focused on multiple sectors | Port Louis, Mauritius |
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Investor details for upGrad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Upgrad Education Private Limited (upGrad)
Upgrad Education Private Limited is the primary company behind upGrad. The board of Upgrad Education Private Limited currently have 7 directors; the longest-serving is Rohinton Soli Screwvala, appointed in 2015. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohinton Soli Screwvala DIN 00003423 | Director | 13 Feb 2015 | 11 yrs 8 mo | Upgrad Education Private Limited |
| Mayank Kumar DIN 05002534 | Director | 13 Feb 2015 | 11 yrs 8 mo | Upgrad Education Private Limited |
| Vishesh Shrivastav DIN 02159016 | Director | 07 Jul 2021 | 5 yrs 4 mo | Upgrad Education Private Limited |
| Inderbir Singh Dhingra DIN 03145392 | Director | 13 Sep 2021 | 5 yrs 1 mo | Upgrad Education Private Limited |
| Arnoud Cyriel Leo Eugeen De Meyer DIN 09408470 | Director | 22 Nov 2021 | 4 yrs 11 mo | Upgrad Education Private Limited |
| Chander Prakash Gurnani DIN 00018234 | Director | 02 Jan 2024 | 2 yrs 10 mo | Upgrad Education Private Limited |
| Amitabh Kant DIN 00222708 | Director | 22 Nov 2025 | 11 mo | Upgrad Education Private Limited |
People of upGrad
256 people are tracked at upGrad (56 in leadership, 200 in team); the tracked headcount is 6,673.
| Name | Role | Group |
|---|---|---|
Ronnie Screwvala | Co-Founder & Chairperson | Leadership |
Phalgun Kompalli | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Myleeta Aga Williams | CEO | Leadership |
Srikanth Iyengar | Chief Executive Officer | Leadership |
Saurabh Deep Singla | Chief HR Officer | Leadership |
Koell Hemdev | President - Legal & Secretarial | Leadership |
Ca Anil Chaurasiya | Associate Director - Finance | Leadership |
Rohit Sharma | President, Working Professionals | Leadership |
Sayali Parab | Center Head | Leadership |
Sharold Prather | VP Of Marketing & Enrollment, North America | Leadership |
Sejal Badala | Content Lead (associate Director) | Leadership |
Myleeta Age Williams | CEO International | Leadership |
Sendy Filemon | Country Head - Indonesia | Leadership |
Shubham P. | Associate Director - Business Development | Leadership |
Chirag Samdaria | Head – Corporate Strategy & Growth | Leadership |
Kushal Saraf | Director - Finance | Leadership |
Vibhav Mishra | Director - Finops | Leadership |
Sushma Kadam | Associate Director Human Resources | Leadership |
Raj Kumaran | Head COCO Stores | Leadership |
236 more people are available in the full profile.
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Financials of upGrad
Figures of Upgrad Education Private Limited, the primary company behind upGrad, for FY 2026. Revenue was ₹1,732 Cr (+5% year on year). Net loss was -₹131 Cr (-8% margin). EBITDA was ₹119 Cr (7% margin). Revenue has grown at a compounded annual rate of +13% over three years and +42% over five years.
- ₹1,732 CrRevenue · FY 2026 · +5% YoY
- -₹131 CrNet loss · -8% margin
- ₹119 CrEBITDA · 7% margin
- ₹499 CrPaid-up capital
- 8,204Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Upgrad Education Private Limited are on its company page.
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Detailed financial statements for upGrad
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Investments & Acquisitions by upGrad
upGrad has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AcadView, Centum Learning and Cohortplus.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online educational resources and courses for exam preparation are provided. | unacademy.com | Bengaluru, India | 2015 | Mar 2026 | •••• | |
Provider of internships, jobs, training courses, and placement guarantee programs | internshala.com | Gurugram, India | 2010 | Feb 2026 | •••• | |
End-to-end training and skill development solutions are delivered. | centumlearning.com | Delhi, India | 2006 | Sep 2022 | •••• | |
Government exam preparation is offered through a mobile platform. | exampur.com | Ghaziabad, India | 2018 | Aug 2022 | •••• | |
LMS platform offering soft skills development solutions | harappa.education | Delhi, India | 2018 | Jul 2022 | $37.52M | |
Recruitment services are provided for multiple industries. | wolves.solutions | Bengaluru, India | 2014 | Jul 2022 | •••• | |
Institute offering courses on data science and big data analytics stream | insofe.edu.in | Hyderabad, India | 2011 | May 2022 | $33M | |
Corporate training in soft skills and behavior is delivered. | workbetterindia.com | Mumbai, India | 2008 | Jan 2022 | •••• | |
Live online digital courses on various topics are provided. | talentedge.com | Mumbai, India | 2012 | Dec 2021 | •••• | |
Online platform for discovery and comparison of courses | globalstudypartners.com | Sydney, Australia | 2014 | Nov 2021 | $16M |
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Timeline of upGrad
15 dated milestones of upGrad across 11 years, from founding to its latest funding, stage changes and deals.
- Founded upGrad is founded.
- Funding First funding round of $6.7M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Global Study Partners.
- Acquisition Acquires Talentedge.
- Acquisition Acquires Work Better Training & Development.
- Acquisition Acquires INSOFE.
- Acquisition Acquires Wolves Solutions.
- Acquisition Acquires Harappa.
- Acquisition Acquires Exampur.
- Acquisition Acquires Centum Learning.
- Acquisition Acquires Internshala.
- Acquisition Acquires Unacademy.
- Funding Latest funding round, Series F, of $42.6M.
Web traffic of upGrad
The website of upGrad (upgrad.com) receives about 1.7M visits a month and ranks #25,435 among all websites worldwide, #3,236 in Computers Electronics and Technology.
- Monthly visits1.7M
▼ 1.2% vs previous month
- Unique visitors778.7K
per month
- Global rank#25,435
among all websites
- Category rank#3,236
Computers Electronics and Technology · Computers Electronics and Technology
Visitor engagement
- Bounce rate41%
- Pages per visit5.4
- Average visit6 min 27 sec
- DevicesDesktop 49% · Mobile 51%
Similar websites
Websites whose visitors overlap most with upGrad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| simplilearn.com | 100% | 2.2M | #24,429 | View details | |
| adobe.com | 75% | 338.6M | #93 | View details | |
notion.com | notion.com | 66% | #3,160 | – | |
| mygreatlearning.com | 66% | 3.1M | #18,659 | View details | |
| grow.google | 65% | #12,874 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Upgrad
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Articles about upGrad on our blog
Frequently Asked Questions about upGrad
upGrad was founded in 2015 and raised its 1st funding round 5 years after it was founded.
upGrad is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Myleeta Aga Williams is the CEO of upGrad, as recorded in our data.
upGrad is a funded company, having raised a total of $371.77M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $6.68M, raised on Aug 2020.
upGrad has 6,673 employees.
The primary company behind upGrad, Upgrad Education Private Limited, reported revenue of ₹1,732 Cr for FY 2026, up 5% year on year.
upGrad was founded in 2015 and is headquartered in Mumbai, India. An online education platform is operated, focusing on industry-relevant programs for working professionals and students. Collaborations with global universities enable offerings such as online degrees, postgraduate diplomas, certification courses, and executive education. Coverage includes fields like data science, artificial intelligence, business management, digital marketing, and software development.
upGrad offers Online Courses and Certifications.
upGrad has made 17 acquisitions, including AcadView, Centum Learning, and Cohortplus.
upGrad has 29 investors. Key investors include International Finance Corporation, 360 One, Bharti Enterprises, Temasek, and Artisan Partners.
The valuation of upGrad is $1.73B as of May 2026.
upGrad operates through Upgrad Education Private Limited.