

Upgrad Education Profile
Key Indicators
- Authorised Capital ₹ 1,662.42 Cr
- Paid Up Capital ₹ 280.58 Cr
- Company Age 12 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.34 Cr
- Satisfied Charges ₹ 175.20 Cr
- Revenue Growth 22.32%
- Profit Growth -67.25%
- Ebitda 19.75%
- Net Worth 130.21%
- Total Assets 110.40%
About Upgrad Education
Upgrad Education Private Limited (UEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2012 and has a history of 12 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Dharower Farms Private Limited. The Company is engaged in the Education Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,662.42 Cr and a paid-up capital of Rs 280.58 Cr.
The company currently has active open charges totaling ₹450.34 Cr. The company has closed loans amounting to ₹175.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Upgrad Education Private Limited India are Venkatesh Tarakkad as CFO and Khushboo Shah as Company Secretary. Rohinton Screwvala, Chander Gurnani, Vishesh Shrivastav, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U80902MH2012PTC258559
- Company No.
258559
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 2012
- Date of AGM
30 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Upgrad Education?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Venkatesh Tarakkad ![]() | CFO | 28-Mar-2024 | Current |
Khushboo Shah ![]() | Company Secretary | 07-Mar-2016 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mayank Kumar ![]() | Director | 13-Feb-2015 | Current |
Rohinton Screwvala ![]() | Director | 13-Feb-2015 | Current |
Chander Gurnani ![]() | Additional Director | 03-Jan-2024 | Current |
Vishesh Shrivastav ![]() | Director | 07-Jul-2021 | Current |
Inderbir Dhingra ![]() | Director | 13-Sep-2021 | Current |
Arnoud Meyer ![]() | Director | 22-Nov-2021 | Current |
Financial Performance of Upgrad Education.
Upgrad Education Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.32% increase. The company also saw a substantial fall in profitability, with a 67.25% decrease in profit. The company's net worth Soared by an impressive increase of 130.21%.


- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Upgrad Education?
In 2023, Upgrad Education had a promoter holding of 84.67% and a public holding of 15.34%. The company had 14 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Swades Foundation
Rohinton Screwvala is a mutual person
- Mahindra Educational Institutions
Chander Gurnani is a mutual person
- Temasek Holdings Advisors India Private Limited
Vishesh Shrivastav is a mutual person
- Unilazer Alternative Ventures Llp
Rohinton Screwvala is a mutual person
- Mahindra Holidays & Resorts India Limited
Chander Gurnani is a mutual person
- Upgrad Foundation
Rohinton Screwvala and Mayank Kumar are mutual person
Charges (Loans)
₹450.34 Cr
₹175.20 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 250.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 100.20 Cr
- Others : 100.00 Cr
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
22 May 2024 | Idbi Trusteeship Services Limited | ₹250.00 Cr | Open |
06 Oct 2023 | Hdfc Bank Limited | ₹1.43 M | Open |
28 Apr 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹100.20 Cr | Open |
05 Mar 2022 | Others | ₹100.00 Cr | Open |
18 Jan 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹100.20 Cr | Satisfied |
How Many Employees Work at Upgrad Education?
Upgrad Education has a workforce of 4762 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Upgrad Education, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Upgrad Education's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Upgrad Education
Recent activity within the organization
- Charges
A charge with Others of Rs. 100.00 Cr registered on 05 Mar 2022 with Charge ID 100553470 was modified on 01 Aug 2024.
- Charges
A charge registered on 18 Jan 2024 via Charge ID 100858268 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 21 Jun 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 100.20 Cr registered on 28 Apr 2022 with Charge ID 100575000 was modified on 18 Jun 2024.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 250.00 Cr with Charge ID 100951015 was registered on 22 May 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 100.20 Cr registered on 18 Jan 2024 with Charge ID 100858268 was modified on 09 May 2024.
- Director Appointment
Venkatesh Lakshminarayanan Tarakkad was appointed as a Cfo was appointed as a Cfo on 28 Mar 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
- upGrad appoints Venkatesh Tarakkad as Chief Financial Officer (CFO).
/CNW/ -- upGrad, one of Asia's largest integrated learning, skilling and workforce development majors has named Venkatesh Tarakkad as the first Chief Financial....
- Byju's CEO, investors responsible for edtech firm's downfall: UpGrad's Ronnie Screwvala | Business Insider India.
Ronnie Screwvala, serial investor and Co-founder/Chairperson of edtech platform upGrad, on Wednesday slammed Byju's and its Founder and CEO Byju Raveendran for the company's downfall, saying that "one rotten apple" in the Indian edtech space should not affect the entire edtech sector..
Frequently asked questions
What is the Incorporation or founding date of Upgrad Education Private Limited?
Upgrad Education Private Limited was incorporated on 11 Dec 2012.
What is authorized share capital and paid-up capital of Upgrad Education Private Limited?
The authorized share capital of Upgrad Education Private Limited is ₹ 1,662.42 Cr and paid-up capital is ₹ 280.58 Cr.
Who are the current board members & directors of Upgrad Education Private Limited?
Currently 8 directors are associated with Upgrad Education Private Limited.
- Rohinton Soli Screwvala
- Chander Prakash Gurnani
- Vishesh Shrivastav
- Inderbir Singh Dhingra
- Mayank Kumar
- Venkatesh Lakshminarayanan Tarakkad
- Khushboo Sandeep Shah
- Arnoud Cyriel Leo Eugeen De Meyer
What is the registered address of Upgrad Education Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Upgrad Education Private Limited is Nishuvi Ground Floor 75, Dr. Annie Besant Road Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Upgrad Education Private Limited?
The corporate identification number (CIN) of Upgrad Education Private Limited is U80902MH2012PTC258559 and the company number is 258559 as per Ministry of Corporate Affairs (MCA).
What is the official website of Upgrad Education Private Limited?
The Official website of Upgrad Education Private Limited is https://www.upgrad.com
What has been the recent revenue trend for Upgrad Education Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Upgrad Education Private Limited has risen by 22.32%.
How many employees does Upgrad Education Private Limited currently have?
As Per 2023 financial reports, 4762 employees are currently employed by Upgrad Education Private Limited.
What change has been observed in the net worth of Upgrad Education Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Upgrad Education Private Limited has experienced an upsurge of 130.21%.
What are the total open charges for Upgrad Education Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Upgrad Education Private Limited amount to ₹ 450.34 Cr.
When was the last Balance Sheet of Upgrad Education Private Limited filed with the ROC?
The most recent Balance Sheet for Upgrad Education Private Limited was filed with the ROC on 31 Mar 2023.
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