UpGrad Education Private Limited

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UpGrad Education Private Limited - overview

Established

2015

Location

Mumbai, Maharashtra, India

Primary Industry

Education/Training

About

Founded in 2015 and based in Mumbai, India, UPGRAD EDUCATION PRIVATE LIMITED operates as a provider of an e-learning platform that offers online courses and industry-relevant programs on advertising and digital marketing programs. In October 2024, UpGrad Education Private Limited raised USD 60 million in series F funding from investor Temasek Holdings. The company provides an online education platform that offers online courses and industry-relevant programs such as digital marketing, product management, entrepreneurship, and data analytics via a web and mobile application. The platform of the firm provides a variety of diploma and certification courses in digital marketing, product management, entrepreneurship, and data analytics, allowing students and professionals to gain certified expertise in technology and business and advance their careers.


The company generates revenue by selling courses that range in price from INR 3,300 to INR 6,750.


Current Investors

Temasek Holdings, 360 ONE, Temasek Holdings

Primary Industry

Education/Training

Sub Industries

Education & Training Services, Education & Training Website, Education & Training Software

Website

www.upgrad.com

Verticals

Artificial Intelligence, EdTech, Mobile Apps

Company Stage

Series D

Total Amount Raised

Subscriber access only

UpGrad Education Private Limited - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)---5,544,607137,561,303361,139,573851,396,9211,623,400,0003,020,070,000---
% Revenue Growth (YoY)----2381.0%162.5%135.8%90.7%86.0%---
EBITDA (USD)(47,946)(67,753)(4,527,347)(96,979,127)(182,794,200)(300,792,677)(404,534,806)(741,750,000)(1,921,510,000)---
Operating Income (USD)(47,946)(67,753)(4,530,662)(100,220,512)(188,985,970)(311,205,287)(419,769,587)(764,430,000)(1,989,120,000)---
Operating Margin---(1807.5%)(137.4%)(86.2%)(49.3%)(47.1%)(65.9%)---
% EBITDA Margin---(1749.1%)(132.9%)(83.3%)(47.5%)(45.7%)(63.6%)---
NET Income (USD)(47,946)(67,918)(4,546,574)(100,231,022)(188,040,925)(310,785,637)(433,579,743)(788,920,000)(2,111,330,000)---
% Net Margin---(1807.7%)(136.7%)(86.1%)(50.9%)(48.6%)(69.9%)---

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