Mumbai-based EdTech upGrad has raised Rs 287.5 crore (about $35 million) in funding from EvolutionX. With this financing, the company plans to support expansion, cover operational costs, and fulfil general corporate objectives. Founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli and Ravijot Chugh, the company entered the offline higher education sector in 2022 and allocated $30 million to …