Business Standard

Ronnie Screwvala's edtech startup upGrad eyes a global learning curve

The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there

Upgrad, Edtech

The four-year-old upGrad can leverage the fact that it has a long run ahead to aggressively raise funds in the next few years without losing sleep over becoming a minority player.

Surajeet Dasgupta New Delhi
Edtech billionaire Ronnie Screwvala believes that in the next four years there will be five to six edtech companies in the world with valuations of $40-50 billion each. More importantly, at least two or three of them will be India-based. So, he and his team, according to sources, are working aggressively to get into this coveted list.
Is he being overly ambitious?  His higher education and professional upskilling start-up upGrad joined the unicorn club only in August this year with a valuation of $1.2 billion, some distance from the magic number and from most of his competitors.

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First Published: Oct 20 2021 | 6:03 AM IST

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