The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles ...
Grad and Unacademy have confirmed a share swap deal, set to be one of India’s largest edtech consolidations in recent years.
Gaurav Munjal, who will stay on as the cofounder and CEO of Unacademy, said the startup redefined the edtech playbook when it ...
Higher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's ...
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Unacademy to be acquired by upGrad in share swap deal
Unacademy is set to be acquired by upGrad in a 100 percent share swap deal. The move comes after a sharp fall in Unacademy’s valuation and signals consolidation in India’s edtech space. CEO Gaurav ...
What’s happening at Unacademy? Reports indicate that the company is close to an acquisition, but cofounder and CEO Gaurav Munjal has immediately come out and denied this speculation. This is not the ...
Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
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