Edtech startup upGrad crosses $210 million annual revenue run rate

Ronnie Screwvala-founded edtech start-up upGrad, said it has recorded a mid-year growth in its gross revenue to cross $210 million annual revenue run rate (ARR) in September, maintaining the track for its forecasted ARR of $500 million in March 2022. 

The firm has chalked a multidimensional growth plan. This includes sustaining its aggressive momentum for full-stack LifeLong Learning for the 18-60 year working professionals, skill development via its recent acquisition of KnowledgeHut and Govt Test Prep via upGrad Jeet.  The firm's Study Abroad portfolio has recorded a 300 per cent growth in the last 2 quarters. It is also witnessing