upGrad raises INR 50 Cr debt from IIFL Income Opportunities Fund
Image Credit: inc42
Indian edtech startup upGrad has raised a debt of INR 50 Cr from IIFL Income Opportunities Fund – Series 2. The IIFL Income Opportunities Fund – Series 2, is owned by IIFL Asset Management Limited, an India-focused global asset management firm, launched with an objective of providing differentiated investment products suited for the market environment. upGrad was founded in 2015.