#StartupWithMC | upGrad has raised USD 120 million (about Rs 897.3 crore) from Singapore-based Temasek, making this the first external fund-raise by the edtech major.
Read more at
https://www.moneycontrol.com/news/business/startup/upgrad-raises-120-million-funding-from-temasek-6815831.html
#startup #Startupfunding #upgrad
Read more at
https://www.moneycontrol.com/news/business/startup/upgrad-raises-120-million-funding-from-temasek-6815831.html
#startup #Startupfunding #upgrad
Moneycontrol
UpGrad Raises $120 Million Funding From Temasek
Since its inception in 2015, upGrad has been 100 per cent owned, funded, and run by its co-founders as a capital-efficient business.
“There are certain things that can be done very well online and there are certain aspects where offline helps, like the social aspect.”- Arjun Mohan, CEO, #upGrad India, on exploring a hybrid model.
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https://www.moneycontrol.com/news/trends/features/storyboard18-upgrad-ceo-arjun-mohan-mba-is-a-big-focus-for-us-and-its-pretty-much-50-50-tech-and-non-tech-7707401.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/trends/features/storyboard18-upgrad-ceo-arjun-mohan-mba-is-a-big-focus-for-us-and-its-pretty-much-50-50-tech-and-non-tech-7707401.html?utm_source=telegram&utm_medium=social
Moneycontrol
Storyboard18 | UpGrad CEO Arjun Mohan: "MBA Is A Big Focus For Us And It’s Pretty Much 50-50 Tech And Non-tech"
upGrad is promoting its online MBA for working professionals and looking at a more hybrid model of offline with online education.
The government yesterday advised students & parents to be careful while choosing #onlineeducation through edtech companies. an advisory highlighted that "free services" are offered by some edtech firms.
Read at
https://www.moneycontrol.com/news/business/companies/government-cautions-against-predatory-edtech-tricking-parents-into-paying-for-free-services-7860911.html
#Byjus #edtech #UpGrad #Vedantu
Read at
https://www.moneycontrol.com/news/business/companies/government-cautions-against-predatory-edtech-tricking-parents-into-paying-for-free-services-7860911.html
#Byjus #edtech #UpGrad #Vedantu
Moneycontrol
Government cautions against predatory edtech tricking parents into paying for 'free services'
This comes after Parliament member Karti Chidambaram called for regulation of edtech companies
#MCExclusive | #Edtech unicorn upGrad is set to become profitable in 2022-23 & is considering an #IPO in 24 months from now, co-founder & MD Mayank Kumar told Moneycontrol.
Prashant K. Nanda reports at
https://www.moneycontrol.com/news/business/companies/mc-interview-upgrad-to-turn-profitable-in-2022-23-likely-to-float-ipo-in-2-years-co-founder-mayank-kumar-7987911.html
#MayankKumar #stockmarket #unicorn #UpGrad
Prashant K. Nanda reports at
https://www.moneycontrol.com/news/business/companies/mc-interview-upgrad-to-turn-profitable-in-2022-23-likely-to-float-ipo-in-2-years-co-founder-mayank-kumar-7987911.html
#MayankKumar #stockmarket #unicorn #UpGrad
Moneycontrol
MC Interview: UpGrad To Turn Profitable In 2022-23, Likely To Float IPO In 2 Years: Co-founder Mayank Kumar
Edtech unicorn upGrad is expecting the Jan-March quarter to be profitable, double the revenue in FY22, and become a profitable company in 2022-23.
#upGrad, #SolarAlliance, #ShreeCement ... Executives from top companies come together to wish Moneycontrol viewers a very Happy Diwali.
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#upGrad | The company's employee benefit costs surged to Rs 383.16 crore in FY22 from Rs 161.5 crore in FY21.
Read here 👇🏻
https://bit.ly/3NSZLEm
Read here 👇🏻
https://bit.ly/3NSZLEm
Moneycontrol
upGrad's net loss widens to Rs 626 crore in FY22 on rising employee costs
upGrad reported a net loss of Rs 626.61 crore in FY22 on a consolidated basis against a net loss of Rs 211.1 crore in FY21 (2020-21). It, however, reported an over two-fold increase in FY22 revenue at Rs 682.21 crore on a consolidated basis
#Unacademy, #PhysicsWallah, #Vedantu, #Eruditus, and #upGrad cumulatively spent more than Rs 2,250 crore on ads and promotions, and Rs 5,465 crore on employees.
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#Business | Over 60% of sales pros intend to switch jobs in 2 years: 📊 'The GRAND Sales & Workplace Report 2024' by upGrad Enterprise finds 93% feel unsupported by supervisors. 📄
Want to know more? Read here⤵️
https://www.moneycontrol.com/news/business/over-60-sales-professionals-plan-to-change-jobs-within-next-2-years-report-12761642.html#google_vignette
#JobSwitch #upGrad #Report #SalesReps
Want to know more? Read here⤵️
https://www.moneycontrol.com/news/business/over-60-sales-professionals-plan-to-change-jobs-within-next-2-years-report-12761642.html#google_vignette
#JobSwitch #upGrad #Report #SalesReps
Moneycontrol
Over 60% sales professionals plan to change jobs within next 2 years: Report
‘The GRAND Sales & Workplace Report 2024’ by upGrad Enterprise revealed that 93 percent of sales professionals feel their supervisors don't understand their challenges or provide effective support.