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. 

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