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Startup Street: upGrad in talks with PE, VC investors to raise $400 million
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Startup Street: upGrad in talks with PE, VC investors to raise $400 million
Jun 29, 2021 12:19 PM

Temasek-backed ed-tech startup upGrad is in talks with global private equity and venture capital investors to raise $400 million at a valuation of $4 billion. This would mean nearly a five-fold jump in the valuation of the Mumbai-based startup from the last fundraise round in April this year. CNBC-TV18 also learns that the company is planning to close two acquisitions soon. To discuss this, Startup Street spoke to Ronnie Screwvala, co-founder & Chairman of upGrad.

Also watch Startup Street in conversation with Dr Manoj Gopalkrishnan who spoke about the commercial launch of Tapestry - a product that aims to scale up COVID testing.

Moreover, GR Arun Kumar, Group CFO of Ola, shared his views on the company's soon to be launched electric scooter.

Watch video for more.

(Edited by : Bivekananda Biswas)

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