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High unemployment, growing competition and easy access to finance have made overseas education attractive to aspirational young Indians.


In the last two years, foreign education plans have been dealt a body blow by changes in regulation, a rise in fraudulent activities and misaligned incentives for brokers, students and foreign universities. Indian students are among the worst hit.
As the company weighs a move into test prep ahead of a 2027 IPO, the question is whether entering a category from which upGrad has consciously stayed away so far makes sense.
The latest quarterly report on the emirate’s real estate market, a new listing in Saudi Arabia and an Airtel arm eyes a UAE IPO.