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Edtech&nbsp;pioneerRonnie&nbsp;Screwvala on why upGrad is not rushing into the K-12 market and how that market will plateau out after the FOMO eases out. Ronnie also spills the beans on the next bet for upGrad

On Biz Buzz | Will Upgrad Upgrade to K-12? Ronnie Screwvala spills the beans

Edtech&nbsp;pioneerRonnie&nbsp;Screwvala on why upGrad is not rushing into the K-12 market and how that market will plateau out after the FOMO eases out. Ronnie also spills the beans on the next bet for upGrad

Ronnie Screwvala's upGrad is upscaling&nbsp;it's investor portfolio to be the next unicorn in the edtech&nbsp;work. Singapore based investment company Temasek&nbsp;has invested $120 million into the six year old learning platform, the first external funding since it's debut. Valuation for the start-up was not disclosed but Bloomberg&nbsp;quoted co-founder Ronnie Screwvala&nbsp;saying&nbsp;&ldquo;We are not quite a unicorn but we&rsquo;ll get there soon&rdquo;. In the edtech&nbsp;space Byjus&nbsp;and Unacademy have already achieved the unicorn status.&nbsp;

Temasek backs Ronnie Screwvala's upGrad, invests $120 million

Ronnie Screwvala&nbsp;founded edtech&nbsp;start-up upGrad&nbsp;nears a billion dollar valuation as Temasek&nbsp;steps in as the first investor since it's debut.&nbsp;

upGrad upscales with Temasek, gears for unicorn tag

<ul>
<li>Temasek&nbsp;invests $120 million into edtech start up&nbsp;upGrad</li>
<li>First external funding for&nbsp;Ronnie Screwvala&nbsp;backed upGrad</li>
<li>upGrad&nbsp;eyes being the next edtech&nbsp;unicorn after Byjus and Unacademy</li>
</ul>

Ronnie Screwvala's upGrad is upscaling&nbsp;its investor portfolio to be the next unicorn in the edtech&nbsp;world. Singapore-based investment company Temasek&nbsp;has invested $120 million into the six-year-old learning platform, the first external funding since its debut. Valuation for the start-up was not disclosed but Bloomberg&nbsp;quoted co-founder Ronnie Screwvala&nbsp;saying&nbsp;&ldquo;We are not quite a unicorn but we&rsquo;ll get there soon&rdquo;. In the edtech&nbsp;space,&nbsp;Byjus&nbsp;and Unacademy have already achieved the unicorn status.&nbsp;

ronnie screwvala

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