UpGrad positions itself as a broad integrated learning and workforce development platform spanning formal education, certification courses, study abroad, placements, enterprise training and global mobility. The company is pursuing expansion through a proposed acquisition of Unacademy, which it says would enable entry into the online test-preparation segment including UPSC, JEE, NEET and GATE. Upon closing the Unacademy deal, UpGrad is expected to receive nearly Rs 900 crore in cash, bringing its total capital pool to around Rs 1,260 crore alongside the recently closed Rs 360 crore internal round. UpGrad plans to use the combined funds to deepen its presence across online and offline learning formats in India and overseas, and to increase investments in AI-led learning products and workforce development initiatives. The company has engaged with the Competition Commission of India by filing a merger application related to the Unacademy acquisition and has been involved in months-long negotiations over the transaction terms.

Total raised

$639M

Funding rounds

6

Latest round

Equity

Latest activity

May 2026