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Edtech agency Upgrad has raised Rs 300 crore in a proper problem led by co-founder and chairperson of the corporate Ronnie Screwvala, the start-up mentioned on Wednesday.
Screwvala contributed Rs 212 crore within the inner funding spherical. Current investor Temasek contributed Rs 81 crore and the remainder of the quantity was raised from different minority stakeholders within the firm, UpGrad mentioned in an announcement.
UpGrad mentioned that “an inner Rights Problem was accomplished for Rs 300 crore”.
An Upgrad spokesperson claimed that the corporate continues to take care of its management of being the biggest enterprise and workforce improvement firm in Asia.
“Finishing 22,000 placements into jobs simply this 12 months is a testomony to our mannequin and the excessive stage of interactive deep studying we provide our learners and dealing professionals world wide,” the spokesperson mentioned.
UpGrad operates out of 31 workplaces situated in India, the US, the UK, the Center East, Singapore and Vietnam.
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