datalabs-logo

  • Ask Datalabs
  • My Feed
  • Companies
  • Investors
  • People
  • Funding Rounds
  • Acquisitions
  • Research Reports
  • Industries
  • Locations
upGrad-logo
upGrad
  1. upGrad

upGrad-logoupGrad-logo
upGrad

upGrad - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Upgrad Education Private Limited
Private
Upgrad Education Private Limited
2015
2015

Founded in 2015, upGrad is an edtech company. The unicorn offers a digital learning platform for higher education, degree courses, certifications, study abroad services and bootcamps for skill develop...

Funding stage:

Undisclosed

Last funding:

20/10/2024

Total funding:

$766.91 Mn+

Revenue:

₹1,071.6 Cr++ (FY24)
Prev. FY

Investors

Employee count:

4,538

Last 90d

4,538

Last 90d

Web traffic:

1.74 Mn

1.74 Mn

Last 30d

Last 30d

Glassdoor Rating:

upGrad: Financial Breakdown

Decoding financial health metrics of upGrad

  • total_revenue_logo
    Total Revenue
    ₹1,071.6 Cr+
    68%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹1,560.0 Cr+
    42%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-473.9 Cr+
    50%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹1,394.4 Cr+
    -12%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -0.4%
    99%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of upGrad

No. In FY24, upGrad reported a net loss of ₹559.9 Cr+, so it was not profitable.

upGrad's revenue grew 29.5% year-on-year, from ₹1,194.5 Cr+ in FY23 to ₹1,546.6 Cr+ in FY24.

upGrad's estimated EBITDA for FY24 was ₹-298.5 Cr+, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, upGrad posted revenue of ₹1,546.6 Cr+ (up 29.5% YoY) and a net loss of ₹559.9 Cr+. Explore the full financials of upGrad here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

Quick Links

  • Data Disclaimer
  • Data Updation Policy
  • Claim/Correct Profile
MY FEEDDISCOVERRESEARCH