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Enterprise Business Boosts Upgrad’s Revenue by 25% to Rs 1,715 Crore

- Upgrad's gross revenue increased by 25% to Rs 1,715 crore ($204 million) in FY24, driven by its enterprise business and international operations. - The company offers upskilling courses and executive training programs, partnering with over 20 institutions like IIM Kozhikode and Wharton School. - Upgrad's enterprise segment contributed 30% of overall revenues in FY24, with an order book projected to reach Rs 228 crore ($27 million) in FY25. - The company's EBITDA margin improved from -19% in Q4 FY23 to 4% in Q4 FY24, thanks to the robust enterprise business. - Despite challenges in the edtech sector, Upgrad continues to expand globally, with international operations accounting for 21% of its income in FY24. Source: [The Arc](https://thearcweb.com/article/enterprise-business-lifts-upgrads-income-by-25-to-rs-1715-cr-S3eFCjC81nx2CwUG)

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Indian Startups on

by RedLesson82

Linkedin

How are things at upGrad?

It doubled it's revenue in and losses have also reduced in FY23. Is it the only edtech doing well?

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Indian Startups on

by Chiller

Stealth

If everything in edtech is a scam, what is not ?

I'm tired of people calling everything in edtech a scam, of course the companies don't help themselves by their bs marketing and unattainable placement claims and other bullshit But I'm genuinely curious as to what grapers/ grapies / viners find to be not a scam in edtech ?

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Software Engineers on

by MrBlunt

British telecom

Upgrad Or Scaler

Hello, I am thinking of upskilling myself and make transition from Manual testing to full stack/software development. I have zerored on two courses One is upgrad full stack development of 6 months at around 80k fees. Another one is of scaler software development of around 11-12 months at around 2.5 lakh. Money and duration is not an issue, I want to to know that which will be a better option for me.

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Office Gossip on

by RichDadsPoorSon

Stealth

Working For An EdTech AMA

Working for one of the leading EdTech platforms. Ever wondered what goes on here or want to know things from the other side AMA and I’ll try answering as much as I can.

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Office Gossip on

by RichDadsPoorSon

Stealth

Notice Period Employee AMA 🎤

Currently serving the dreaded “notice period” , Go ahead and ask me whatever pops to mind.

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Business Roles on

by AgentMichaelScarn

Student

Are upgrad courses worth it??

I saw an ad on Business Analytics course by Upgrad it's worth 40k with placement assistance, and guaranteed 3 Interviews, are they really worth it or it's just advertising bs

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News Discussion on

by ThinExample2

Morgan Stanley

Big: Unacademy merging with Orchid Schools in a 50-50 merger

https://entrackr.com/2024/06/exclusive-unacademy-in-talks-to-merge-with-orchid-schools-owner-k12-techno/

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News Discussion on

by randomjocke

Porter

What’s happening with byjus?

First the audit report got delayed. Now they’ve reported a loss of over 4.5k cr. And I believe they’re like a mothership of edtech, if they gone down then the entire category goes down from an investment perspective