Announced
Financials
Sources
Tags
Private Equity
online courses
Private
India
Minority
Single Bidder
Online and Social Platforms
Acquisition
Pending
Cross Border
Friendly
Synopsis
Investment firm Temasek agreed to invest $120m in UpGrad, India’s largest higher edtech company. The Mumbai-based startup said it intended to use the capital proceeds to further strengthen its team, scale its global market operations, bolster its technology and product capabilities, as well as pursue merger and acquisition opportunities.
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