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upGrad raises $120 million from Temasek - The Hindu BusinessLine

upGrad raises $120 million from Temasek
April 26, 2021
Ronnie Screwvala-led upGrad has raised $120 million from Singapore-based Temasek.
“This capital will further fuel our commitment towards global expansion as well as deeper India penetration, as we march forward with our goal of making India the teaching capital of the world,” said upGrad co-founders Ronnie Screwvala, Mayank Kumar, and Phalgun Kompalli in a joint statement.
This is the first external funding raised by the edtech major. Since its founding in 2015, upGrad has been 100 per cent owned, funded, and run by its co-founders as a capital-efficient business.
upGrad plans to use the fresh capital to further strengthen its team, scale its global market operations, bolster its technology and product capabilities, pursue M&A opportunities, expand graduate and post-graduate degree portfolio in India, and scale up operations to achieve its $2 billion revenue goal by 2026, thereby reinforcing its posi ....

Phalgun Kompalli , Ronnie Screwvala , Mayank Kumar , Ronnie Screwvala Led , மயங்க் குமார் ,

Welcome To IANS Live - SCIENCE AND TECHNOLOGY - Edtech platform upGrad raises Rs 898 cr from Temasek

Photo Credit: IANS
IANSLive
Mumbai, April 26 (IANS) Edtech platform upGrad on Monday said it has raised $120 million (approximately Rs 898 crore) from Singapore-based global investment company Temasek.
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Update: 26-April-2021 ....

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Lead School Funding: Lead School bags $30 million from GSV Ventures and WestBridge Capital

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“The proceeds will be used for curriculum and product innovation. Our goal is to continue to reach more schools and students,” said Sumeet Mehta, CEO and co-founder, Lead School, in an interview with ET. Last year in August, the company had
picked up $28 million in a funding round led by WestBridge Capital and Elevar Equity. WestBridge is also an investor in Vedantu, an online tutoring platform.
Lead School has partnered with over 2,000 schools. “The goal is to reach 25,000 schools in the next five years,” Mehta said. It has been focused on cities in tier two and three geographies so far. That will continue to remain their focus. The platform claims it is able to show a visible improvement in student learning with its curriculum. Class averages improved from below 60% to above 70% after adoption of their offering, Mehta told ET. ....

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Global Ureteroscopes Market Analysis and Forecast Report 2021-2030 Featuring KARL STORZ, Hoya, Olympus, Advanced Endoscopy Devices, Richard Wolf, Stryker

Global Ureteroscopes Market Analysis and Forecast Report 2021-2030 Featuring KARL STORZ, Hoya, Olympus, Advanced Endoscopy Devices, Richard Wolf, Stryker
April 23, 2021 07:58 ET
| Source:
Research and Markets
Research and Markets
Dublin, IRELAND
ResearchAndMarkets.com s offering.
Ureteroscopes (General Surgery) - Global Market Analysis and Forecast Model (COVID-19 market impact) is built to visualize quantitative market trends within General Surgery therapeutic area.
The model discusses in detail the impact of COVID-19 on Ureteroscopes market for the year 2020 and beyond. The ureteroscopes market is driven by a variety of factors, including a growing aging population, increase in patients with kidney stones, and other conditions of the kidney, ureter, and bladder. ....

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Investing in MedTech: the true value of platform technologies

Investing in MedTech: the true value of platform technologies
HIGH WYCOMBE, England, April 22, 2021 /PRNewswire/
Medical innovation has become a significant focus for venture capital investment in the last ten years. A growing, ageing population combined with the opportunity to develop global solutions is driving a spike in investment towards innovation that helps people better manage their wellbeing or enables them to get well sooner. Traditional pharmaceutical innovation has been supplemented with developments in medical technology.
The medical device industry is predicted to be worth more than $8.5 billion by 2025 - with bioelectronic medicine being one of the fastest growing areas of healthcare. In 2019 alone, almost 14,000 patent applications were filed with the European Patent Office (EPO) in the field of medical technology. ....

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