News > India’s UpGrad enters unicorn club with $185 million fundraise
India’s UpGrad enters unicorn club with $185 million fundraise
10/08/2021 01:02 PM | Click to read full article
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, hit a valuation of $1.2 billion with a $185 million funding round Monday as global investors plow record capital into firms in the world’s second-largest internet market.
Singapore’s Temasek led the financing round while the World Bank’s International Finance Corporation and IIFL participated.