Temasek invests US$120M in Indian edutech startup UpGrad

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From L-R: Co-founders of Upgrad, Phalgun Kompalli, Mayank Kumar and Ronnie Screwvala UpGrad, an India-based edutech startup, has received a whopping US$120 million from Singapore’s sovereign wealth fund Temasek Holdings. It is the first external investment raised by Upgrad. The startup plans to use the capital to further strengthen its team, scale its global market operations, and bolster its technology…
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