UpGrad graduates to unicorn batch with $1.2 Bn Valuation
UpGrad is finally a unicorn after raising fresh funds from Temasek, International Finance Corporation and IIF. The company has raised $185 million at a value of $1.2 billion, UpGrad said in a press statement. UpGrad would be the third unicorn in the edtech space, joining Byju’s and Unacademy. Unlike Byju’s and Unacademy, UpGrad is an upskilling platform for professionals.