Temasek joins Ronnie Screwvala on path to next India unicorn2 min read 26 Apr 2021, 07:29 AM IST
Ronnie Screwvala’s latest venture UpGrad is speeding toward a landmark $1 billion valuation
Ronnie Screwvala pioneered cable television in India in the 1980s and then built a unicorn that was acquired by Walt Disney Co. At 64, the entrepreneur’s latest venture UpGrad is speeding toward a landmark $1 billion valuation.The higher education and upskilling startup raised $120 million from Singapore-based investor Temasek Holdings Pte, according to its co-founder. That’s the first time UpGrad -- which had been funded entirely by Screwvala and its founding team since it was established in 2015 -- is getting an external investor.
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