UpGrad’s $120 Million Raising Fund

Rajaram Legal advised upGrad Education Private Limited, while Cyril Amarchand Mangaldas represented Temasek on the deal.

UpGrad has raised $120 million in funding from Singapore-based Temasek.
The investment, which the company claims to be its first external funding, reportedly values the ed-tech firm at an estimated $575-$675 million. 

The Rajaram Legal team was led by managing partner Archana Rajaram (Picture), senior associate Mihir Roy and associates Kanchana S P and Jagdish Kaisare.

The Cyril Amarchand Mangaldas team consisted of partners Reeba Chacko and S Harish, senior associate Saloni Shroff and associate Vasujith Ram.

Involved fees earner: Reeba Chacko – Cyril Amarchand Mangaldas; Vasujith Ram – Cyril Amarchand Mangaldas; Saloni Shroff – Cyril Amarchand Mangaldas; Jagdish Kaisare – Rajaram Legal; Archana Rajaram – Rajaram Legal; Mihir Roy – Rajaram Legal; Kanchana S P – Rajaram Legal;

Law Firms: Cyril Amarchand Mangaldas; Rajaram Legal;

Clients: Temasek; upGrad Education ;

Author: Sonia Carcano