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upGrad Nets Additional $60 Mn From Temasek

upGrad Nets Additional $60 Mn From Temasek

upGrad has secured $60 million in funding from Temasek, a Singaporean state investment firm. The investment values upGrad at $2.25 billion. Additionally, Ronnie Screwvala, the founder and chairman of upGrad, has acquired Bharti Enterprises' stake in the company for $20 million. Established in 2015, upGrad provides higher education courses and skill development programs in partnership with universities.

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