upGrad Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
4,000
- Latest Deal Type
-
Later Stage VC
- (Upcoming)
- Latest Deal Amount
-
$100M
- Investors
-
10
upGrad General Information
Description
Developer of an online learning platform tailored for Enterprise clients under the corporate learning and workforce development model, along with other recruitment and staffing services. The company's platform offers a range of diploma, master's, and Executive Doctorates, and certification courses on digital marketing, product management, entrepreneurship, and data analytics, enabling students and professionals to earn certified knowledge in technology and business and build better career opportunities.
Contact Information
Website
www.upgrad.comCorporate Office
- Ground Floor, Nishuvi
- 75 Doctor Annie Besant Road, Worli
- Mumbai, Maharashtra 400018
- India
Corporate Office
- Ground Floor, Nishuvi
- 75 Doctor Annie Besant Road, Worli
- Mumbai, Maharashtra 400018
- India
upGrad Timeline
upGrad Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | $100M | Upcoming | Generating Revenue | |||
| 9. Debt - General | 01-Jul-2024 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 29-Mar-2023 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 08-Aug-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 09-Aug-2021 | Completed | Generating Revenue | |||
| 5. Debt - General | 01-Aug-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 25-Jan-2018 | Cancelled | Generating Revenue | |||
| 3. Early Stage VC | 20-Jul-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 01-Aug-2016 | $2.16M | $18.2M | Completed | Generating Revenue | |
| 1. Seed Round | 23-Mar-2015 | $16M | $16M | Completed | Startup |
upGrad Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Series 3 CCPS | ||||||||
| Series 2 CCPS | 636,886 | $0.134330 | $45.3 | $45.3 | 1x | $45.3 | 0.75% | |
| Series 1 CCPS | 2,922,304 | $0.134330 | $33.97 | $33.97 | 1x | $33.97 | 3.46% |
upGrad Comparisons
Industry
Financing
Details
upGrad Competitors (41)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Simplilearn | Private Equity-Backed | San Francisco, CA | ||||
| OpenClassrooms | Venture Capital-Backed | Paris, France | ||||
| Intellipaat | Venture Capital-Backed | Jaipur, India | ||||
| MasterClass | Venture Capital-Backed | San Francisco, CA | ||||
| Edx | Formerly PE-Backed | Cambridge, MA |
upGrad Executive Team (18)
| Name | Title | Board Seat |
|---|---|---|
| Myleeta AgaWilliams | Chief Executive Officer, International | |
| Gaurav Kumar | President, Business Development and M&A | |
| Rohit Agarwal | President of Finance | |
| Venkatesh Tarakkad | Chief Financial Officer | |
| Mayank Kumar | Co-Founder & Managing Director |
upGrad Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Arnoud Meyer | Self | Board Member | |
| Chander Gurnani | Self | Board Member | |
| Daniel Rosensweig | Self | Board Member | |
| Inderbir Dhingra | Self | Board Member | |
| Rohinton Screwvala | upGrad | Co-Founder & Executive Chairman |
upGrad Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
upGrad Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bodhi Tree Asset Management | Corporation | Minority | ||
| ETS Strategic Capital | Venture Capital | Minority | ||
| Kaizenvest | PE/Buyout | Minority | ||
| Lupa Systems | PE/Buyout | Minority | ||
| Sunil Mittal | Angel (individual) | Minority |
upGrad Acquisitions (13)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| upGrad GSP | 01-Apr-2023 | Educational and Training Services (B2C) | |||
| Centum Learning | 15-Sep-2022 | Educational and Training Services (B2C) | |||
| Harappa Learning | 22-Jul-2022 | Education and Training Services (B2B) | |||
| International School of Engineering | 02-May-2022 | Educational and Training Services (B2C) | |||
| Talentedge | 07-Apr-2022 | Merger/Acquisition | Educational and Training Services (B2C) |
upGrad Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| upGrad Rekrut | Human Capital Services | Mumbai, India | 2020 |
| Harappa Learning | Education and Training Services (B2B) | New Delhi, India | |
| upGrad GSP | Educational and Training Services (B2C) | Sydney, Australia | |
| upGrad KnowledgeHut | Education and Training Services (B2B) | Frisco, TX | |
| Talentedge | Educational and Training Services (B2C) | Gurugram, India |
upGrad Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| The Gate Academy | 24-Nov-2020 | Completed |
|
upGrad FAQs
-
When was upGrad founded?
upGrad was founded in 2015.
-
Who is the founder of upGrad?
Mayank Kumar, Phalgun Kompalli, Rohinton Screwvala, and Ravijot Chugh are the founders of upGrad.
-
Who is the CEO of upGrad?
Myleeta AgaWilliams is the CEO of upGrad.
-
Where is upGrad headquartered?
upGrad is headquartered in Mumbai, India.
-
What is the size of upGrad?
upGrad has 4,000 total employees.
-
What industry is upGrad in?
upGrad’s primary industry is Educational Software.
-
Is upGrad a private or public company?
upGrad is a Private company.
-
What is upGrad’s current revenue?
The current revenue for upGrad is .
-
How much funding has upGrad raised over time?
upGrad has raised $514M.
-
Who are upGrad’s investors?
Bodhi Tree Asset Management, ETS Strategic Capital, Kaizenvest, Lupa Systems, and Sunil Mittal are 5 of 10 investors who have invested in upGrad.
-
Who are upGrad’s competitors?
Simplilearn, OpenClassrooms, Intellipaat, MasterClass, and Edx are some of the 41 competitors of upGrad.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
