CosmicTaco
CosmicTaco

upGrad's Revenue Soars to Rs 1,876 Cr in FY24

  • upGrad reported Rs 1,876 crore gross revenue for FY24, with total income at Rs 1,547 crore after Ind-AS adjustments.
  • EBITDA losses reduced by 50% year-on-year, standing at Rs 285 crore, with a significant cut in overall losses to Rs 560 crore.
  • The company saw a 50% growth in learner enrollments and enterprise business clientele, securing $60 million from Temasek in October.

Source: Entrackr

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