UpGrad very clear that 2027 is its listing year: Screwvala

Upskilling platform sharpens global push, sees 25-30% y-o-y growth driven by four B2C arms

- Rwit Ghosh & Mansi Verma

International B2C business saw 40% CAGR over two years, and contributes 40% to overall B2C revenue, says upGrad co-founder and chairman Ronnie Screwvala. MINT

Upskilling and higher education platform upGrad is deepening its push on its international business in the coming year as the company looks to list in 2027, according to top executives at the company.

“There's some inorganic growth that we're thinking about and we need to get our organic growth to a certain level. We are very clear about the year 2027 for us to list," upGrad co-founder and chairman Ronnie Screwvala said in an interview. “It's good that several ed-techs like Crizac, Veranda Learning Solutions, and, of course, Physics Wallah have listed. All in all, its good for the space, no question about that.”

The firm's former managing director and co-founder Mayank Kumar had said in 2024 the company was eyeing a public market debut in two years.