Upgrad expects over 8-fold growth in revenue to Rs 10,000 crore by 2025
Edutech firm Upgrad expects to grow its business by over eight-folds in the next five years to cross a revenue of Rs 10,000 crore on account of traction in online higher education by professionals in the country, a top official of the company said. The company expects to grow by 300 per cent in the current fiscal driven by demand created for online education due to the COVID-19 pandemic,
Upgrad co-founder and chairman Ronnie Screwvala said "Our target in our core business of LifeLongLearning with working professionals and degree programmes is to cross Rs 7,000 crore revenue in the financial year 2025. In FY25 we would have enrolled close to 5 lakh learners in that year and our cumulative paid learners by then would have crossed 15 lakh,".