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"mergers-and-acquisitions-mas"
Edtech firm UpGrad becomes new unicorn at $1.2 bn valuation
The company raised fresh funds from Temasek, IFC (International Finance Corporation, a sister organisation of World Bank) and IIFL.
Edtech firm upGrad earmarks $250 mn for M&A, non-linear growth
upGrad is set to cross $500 million annual revenue run rate by March 2022 and is looking to raise close to $400 million at a $4 billion valuation.
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