upGrad records an Annual Revenue Run Rate of INR 1200 Crore; Clocks INR 100 Crore monthly revenue in March SECTIONS upGrad records an Annual Revenue Run Rate of INR 1200 Crore; Clocks INR 100 Crore monthly revenue in MarchMediawire Last Updated: Apr 06, 2021, 09:30 AM IST Share Mumbai, April 6th, 2021 : upGrad, South Asia’s largest higher edtech, today announced that it has crossed the milestone of INR 100 Crore a month and achieved an Annual Revenue Run rate (ARR) of INR 1200 Crore. The edtech major now targets 25% revenue growth in the next quarter (April-May-June) with profitability in sight. Ronnie Screwvala said, “It’s been a tough Covid year. I know many have said 2020 was a break-out year for edtech, but on the contrary, I can clearly see Higher Education hitting its massive inflection point once the pandemic settles down. Most of us are wondering what will ‘change’ post the pandemic, but at upGrad we are building on what will not change for the next many decades - the future of online and LifeLongLearning. And that allows us to build a global company, at scale, out of India for the world.”