<p>Online education provider Coursera Inc said on Tuesday it priced its initial public offering (IPO) in New York at $33 apiece, the higher end of its target range that gives the company a valuation of about $4.30 billion.</p>.<p>At this price, the company will raise about $519 million.</p>.<p>Mountain View, California-based Coursera was among the companies to have benefited from a surge in demand for online learning platforms during the Covid-19 pandemic.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/coursera-targets-over-4-billion-valuation-in-us-ipo-965259.html" target="_blank">Coursera targets over $4 billion valuation in US IPO</a></strong></p>.<p>Its revenue rose 59 per cent to $293.5 million for the year ended Dec. 31, 2020, the company had said in March while filing for the IPO.</p>.<p>The IPO includes around 14.7 million shares of its common stock, Coursera said in a statement, adding that its selling shareholders were offering around 1.1 million shares.</p>.<p>The company's shares will be listed on the New York Stock Exchange under the ticker symbol "COUR," it said.</p>.<p>Coursera's platform, used by more than 3,700 colleges and universities, offers courses on machine learning, cloud computing and language learning.</p>.<p>Morgan Stanley, Goldman Sachs are the lead underwriters for the offering, while Citigroup and UBS Investment Bank are acting as the additional bookrunners.</p>
<p>Online education provider Coursera Inc said on Tuesday it priced its initial public offering (IPO) in New York at $33 apiece, the higher end of its target range that gives the company a valuation of about $4.30 billion.</p>.<p>At this price, the company will raise about $519 million.</p>.<p>Mountain View, California-based Coursera was among the companies to have benefited from a surge in demand for online learning platforms during the Covid-19 pandemic.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/coursera-targets-over-4-billion-valuation-in-us-ipo-965259.html" target="_blank">Coursera targets over $4 billion valuation in US IPO</a></strong></p>.<p>Its revenue rose 59 per cent to $293.5 million for the year ended Dec. 31, 2020, the company had said in March while filing for the IPO.</p>.<p>The IPO includes around 14.7 million shares of its common stock, Coursera said in a statement, adding that its selling shareholders were offering around 1.1 million shares.</p>.<p>The company's shares will be listed on the New York Stock Exchange under the ticker symbol "COUR," it said.</p>.<p>Coursera's platform, used by more than 3,700 colleges and universities, offers courses on machine learning, cloud computing and language learning.</p>.<p>Morgan Stanley, Goldman Sachs are the lead underwriters for the offering, while Citigroup and UBS Investment Bank are acting as the additional bookrunners.</p>