Lupa Systems and Educational Testing Service led a $225m round UpGrad Education.

Lupa Systems, a private investment company, and Educational Testing Service, an educational testing and assessment organization, led a $225m round UpGrad Education, an online higher education company, with participation from ArcelorMittal, Bharti Airtel and Temasek. “India will write the global higher-edtech story. There’s an insatiable global appetite for upskilling and upgrading to diplomas, degrees and doctorates, all of which have measurable outcomes such as a new job, a raise or a promotion," Ronnie Screwvala, UpGrad Chairman.