InvestorQ : Is it true that Upgrad is planning to list on the stock exchanges?
Katherine Gonsalves made post

Is it true that Upgrad is planning to list on the stock exchanges?

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rhea Babu answered.
4 months ago
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That is still some time away. First, Upgrad is all set to become profitable in fiscal 2022-23. Upgrad is a EdTech player like Byju’s. The company is also contemplating to get listed in the stock market over the next 24 months but the immediate focus is to cut losses by reducing cash burn and doubling revenues for FY22. Upgrad needs to invest heavily in people, products and outreach and also look at B2B players for inorganic buys.

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