upGrad

Active#15 in India

Higher education and upskilling

Edtech›higher education and upskilling

Founded2015

HQMumbai

RaisedUSD ~805M

Last roundPrimary round · May 2026

Country of originIndiaListed in the India ranking

Where would you invest?HQ Mumbai; operations in India and abroadJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
India · all sectors	Top 50	#15	Edition 0 – beta · October 2026	2 Jan 2027

Rank historyOct 2026 · #15First edition: no movements yet.

Estimated valuation

AI · India ranking

≈ USD 1.7bnUSD 860M–3.5bn · Unicorn Low confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Primary round · USD 38M · May 2026
Published valuation: USD 1.7bn · May 2026
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~805M raised in total

Date	Round	Amount	Type	Investors	Source
May 2026	Primary round	USD ~38M (INR 361 cr)	Equity	Ronnie Screwvala, Temasek, IFC	entrackr.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of upGrad as a PDF, on one of three angles only:

ValuationWhat is upGrad worth?

Versus competitorsIs #15 the right rank?

Who should acquire itStrategic buyers, and why

Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

Invest

upGrad is not open to Backers. A company opens only when a shareholder plans to sell or the company plans to raise.

Back the market instead: your intention joins a pool, passed to the local partner once it reaches critical mass.

Declare an interest in Indian startups Declare an interest in Indian edtech Name upGrad as a preferred company (measures demand, promises nothing)

India poolBelow threshold

BackersBelow threshold

Paid intention · valid for life · movable until its pool is passed on. Investing in non-listed companies carries a risk of losing all the capital invested.

Do you run upGrad?

Claim this profile to correct data, add your logo and description, or tell Uback about an upcoming round. Claiming never changes the rank.

Claim this profile Report an upcoming round →

Are you a shareholder?

Considering selling some of your shares? Tell Uback privately. Nothing is published without your consent, and never a price or a volume.

Tell Uback privately

What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in India

Full India ranking →

Eruditus#11Edtech › university executive educationUnicorn Udaan#14Commerce › B2B e-commerce for retailersUnicorn Cars24#16Mobility › used-car marketplaceUnicorn BharatPe#13Fintech › merchant QR payments and lendingUnicorn

Investors in upGrad: Ronnie Screwvala · Temasek · IFC

Sources. entrackr.com

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.