upGrad appoints Mukesh Mundra CFO
Analysis based on 9 articles · First reported May 26, 2026 · Last updated May 26, 2026
The appointment of Mukesh Mundra as CFO is expected to strengthen UpGrad's financial leadership and support its global expansion and acquisition strategies, potentially leading to improved financial performance. The ongoing acquisition of Unacademy, pending approval from the India — Election Commission of India, could significantly expand UpGrad's market share in online test preparation, impacting its revenue and profitability.
UpGrad, an EdTech firm, has appointed Mukesh Mundra as its new Chief Financial Officer. Mundra brings over 26 years of experience from diverse sectors including media, telecom, manufacturing, and consumer businesses, having previously served as Head of Finance at Disney Star and CFO at Reliance Industries — Viacom18. His role will involve overseeing finance and administration, focusing on financial strategy, governance, business partnering, and scaling operations to support UpGrad's global expansion and long-term growth. This appointment comes as UpGrad is also progressing with the proposed all-stock acquisition of Unacademy, valued between $218 million and $400 million, which is currently awaiting regulatory approval from the India — Election Commission of India. The acquisition aims to expand UpGrad's presence in the online test preparation market. UpGrad reported provisional profits for the first 11 months of FY26 and projects continued profitability.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard