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Top News In மேம்படுத்தப்பட்டது ஆரோக்கியமான செரிமானம் Today - Breaking & Trending Today

Edtech platform upGrad raises $120 mn from Temasek in first external funding round

Edtech platform upGrad raises $120 mn from Temasek in first external funding round
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Edtech platform upGrad has made its first external fund-raise since inception in 2015. On Monday, it announced it has raised $120 million (about Rs 897.3 crore) from Singapore-based Temasek. Since its inception , upGrad has been 100 percent owned, funded, and run by its co-founders as a capital-efficient business.
The education major plans to use the fresh capital to further strengthen its team, scale its global market operations and bolster its technology and product capabilities, a statement said. The company will also pursue merger and acquisition (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, it added. ....

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upGrad raises Rs 897 crore from Temasek- Business News

upGrad raises Rs 897 crore from Temasek
upGrad plans to use the fresh capital to further strengthen its team, scale its global market operations and bolster its technology and product capabilities
PTI | April 26, 2021 | Updated 11:54 IST
upGrad on Monday said it has raised $120 million (about Rs 897.3 crore) from Singapore-based Temasek, making this the first external fund-raise by the edtech major.
Since its inception 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 and bolster its technology and product capabilities, a statement said. ....

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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 ....

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Welcome To IANS Live - SCIENCE - iQOO 7 5G likely to be priced at Rs 34,999 in India

Photo Credit: IANS
IANSLive
New Delhi, April 24 (IANS) Chinese behemoth BBK Group s smartphone brand iQOO s upcoming smartphone iQOO 7 5G is reportedly launching in India at Rs 34,999.
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Update: 24-April-2021 ....

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The Brute-Fort: My 2016 Toyota Fortuner 4x4 M/T, Now upgraded with BF Goodrich T/A KO2

Goa Roadtrip;
Had an amazing short driving Holiday to Goa during Christmas 2020. The Fortuner performed well expectedly. The BFG tyres were great, reassuring on Bad roads, High speeds & also the ghats. Here are some pictures;
Left around 5:45 am from Mumbai, clicked from friend & BHPian s Innova Crysta (he too was travelling to Goa on the same day);
Caught the Sunrise on the Mum-Pune Expressway before Pune;
As i said the tyres performed well in all scenarios;
At a random fuel stop around Kholapur;
Once into Karnataka the roads were stunning and the difference is really felt. Shame on Maharashtra / Politicians responsible / Road Contractors; ....

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