# upGrad

upGrad is an Asset Manager based in Mumbai, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, Maharashtra, India
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.upgrad.com
- **LinkedIn:** https://www.linkedin.com/company/ueducation/about

## Regulatory record

- **Reports private funds:** No

## About

upGrad®, Choose from top online programs in AI, Data Science, MBA, Marketing, Tech. ✔ Trusted by 100+Academic & Industry Partners ✔ Career support ✔ Flexible learning.

## Sectors

- Education
- Enterprise Software
- AI/ML

## People

- Ronnie Screwvala — Co-founder
- Mayank Kumar — Co-founder
- Phalgun Kompalli — Co-founder

## Questions

### Who controls investment decisions at upGrad?

upGrad is a for-profit company, not a family office. Strategic decisions are made by co-founders Ronnie Screwvala, Mayank Kumar, and Phalgun Kompalli. The firm has disclosed outside investors, but specific governance structures are not public (per firm website).

### What is the relationship between upGrad and the universities it partners with?

upGrad partners with universities to design and deliver online degree and certificate programs. Partner institutions include IIIT Bangalore, IIM Kozhikode, Liverpool John Moores University, and Northeastern University. The firm provides technology, marketing, and career support; the university provides accreditation and curriculum oversight (per firm website).

### What is upGrad's business model?

upGrad sells online courses and degree programs to individual learners. Revenue comes from tuition fees, with additional income from corporate training (upGrad Enterprise) and study abroad placements. The firm uses partnerships with universities to create content and awards degrees (per firm website).

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Last updated: 2026-06-03T20:00:00.000Z

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