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1. • $400-500 million

     • upGrad said it is on track to record annual gross revenue of $400-500 million during FY23 (2022-23) out of which about 45 percent of total revenue will be realised from its own-branded online courses and programmes.
     Reference:

     upGrad raises $210 million at $2.25 billion valuation in ...

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   How much money will UpGrad make in 2023?

   • UpGrad is targeting $500 million in gross revenue in the year ending in March 2023, the founder said. College students and working professionals in India will account for four-fifths of that, but in about three years, domestic and international sales will even out, he said.

   upgrad funding: Edtech unicorn UpGrad raises $225 million in funding

   economictimes.indiatimes.com/tech/funding/edtech-unicorn-upgrad-raises-225-million-in-funding-doubles-valuation/articleshow/92221560.cms

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   How much money does UpGrad make in 2022?

   • As of 2022, UpGrad reported a revenue of Rs.679 crore, as compared to Rs.327 crore in 2021. Became a unicorn on August 9, 2021, by raising $185 million. UpGrad boasts an impressive roster of alumni who have gone on to secure jobs at top companies, launch successful startups, and excel in their chosen fields.

   Upgrad Valuation, Funding & Shareholders Breakdown - 2024

   thebusinessrule.com/upgrad-valuation-funding-shareholders-breakdown-2023/

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   Why did UpGrad's revenue increase in FY23?

   • upGrad said while its gross revenue stood at INR 1,530 Cr, it was adjusted after the startup moved to the widely accepted IndAS accounting standard during the year under review, in line with its long-term public listing plans. It added that its revenue would have been even higher in FY23 if not for deferment of collected revenue of INR 443 Cr.

   upGrad FY23 Revenue Almost Doubles To INR 1,194 Cr, Adjusted EBITDA

   inc42.com/buzz/upgrads-fy23-revenue-almost-doubles-to-inr-1194-cr-adjusted-ebitda-loss-shrinks/

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   How did UpGrad perform in FY23?

   • While gross revenue came in at Rs 1,530 crore, adjusted for IndAS, upGrad recorded a revenue of Rs 1,194 crore for FY23, a 96% jump from Rs 608 crore in the previous financial year. . On an ARR basis, the revenue would have been higher as some of the M&As did not consolidate for the full financial year of FY23.

   UpGrad doubles revenue in FY23; loss remains the same

   yourstory.com/2023/11/upgrad-doubles-revenue-fy23

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3. economictimes.indiatimes.com › tech › startupsUpgrad logs 96% revenue rise in FY23, losses widen 67% too

   economictimes.indiatimes.com › tech › startups

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   Nov 30, 2023 · Edtech unicorn UpGrad has posted a 96% rise in revenue to Rs 1,194 crore in the financial year ended March 2023. Losses at the Mumbai-based company, however, widened 67% to Rs 1,142 crore in FY23 from Rs 684 crore in the previous year, it said in a statement on Thursday.

   • Author: Ettech

4. thebusinessrule.com › upgrad-valuation-fundingUpgrad Valuation, Funding & Shareholders Breakdown – 2024

   thebusinessrule.com › upgrad-valuation-funding

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   Jan 19, 2024 · As of March 29. 2023, UpGrad reportedly raised a whopping amount of $668.2 million in funding over 7 rounds. The latest investors in UpGrad were Temasek holdings and Ronnie Screwvala. UpGrad consists of around 14 organizations in their network.

5. yourstory.com › 2023 › 11UpGrad doubles revenue in FY23; loss remains the same

   yourstory.com › 2023 › 11

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   Nov 29, 2023 · While gross revenue came in at Rs 1,530 crore, adjusted for IndAS, upGrad recorded a revenue of Rs 1,194 crore for FY23, a 96% jump from Rs 608 crore in the previous financial year. . On an...

   • Author: Team YS

6. www.forbesindia.com › article › brand-connectupGrad in FY 23 doubles revenue - loss remains the same

   www.forbesindia.com › article › brand-connect

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   Dec 4, 2023 · While Gross Revenue came in at INR 1530 Crore - adjusted for IndAS upGrad recorded a revenue of INR 1,194 Crore for FY23, a 96% jump from the previous financial year of INR 608 Crore.

   • Author: Brand Connect

7. economictimes.indiatimes.com › tech › fundingupgrad funding: Edtech unicorn UpGrad raises $225 million in ...

   economictimes.indiatimes.com › tech › funding

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   Jun 15, 2022 · UpGrad is targeting $500 million in gross revenue in the year ending in March 2023, the founder said. College students and working professionals in India will account for four-fifths of that, but in about three years, domestic and international sales will even out, he said.

8. inc42.com › buzz › upgrads-fy23-revenue-almostupGrad’s FY23 Revenue Almost Doubles To INR 1,194 Cr ...

   inc42.com › buzz › upgrads-fy23-revenue-almost

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   Dec 5, 2023 · Edtech giant upGrad’s revenue almost doubled during the year ended March 31, 2023. The startup said its revenue soared 96% to INR 1,194 Cr during the financial year 2022-23 (FY23) from INR 608...

9. entrackr.com › 2023 › 03UpGrad raises Rs 300 Cr from existing backers - entrackr.com

   entrackr.com › 2023 › 03

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   Mar 29, 2023 · UpGrad raises Rs 300 Cr from existing backers. Edtech platform upGard has announced that it has raised Rs 300 crore via right issue from Temasek and Ronnie Screwvala among others. This is the first fundraise of the Mumbai-based unicorn in 2023.