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 ...

Amid the reports of the exit of Gaurav Munjal and Roman Saini from Unacademy, nobody within the inner circles of the two founders seems to be surprised Munjal has passed the reins to Sumit Jain, who ...

Unacademy is set to be acquired by rival Mumbai-based edtech firm upGrad in an all-stock deal. The announcement was made in a post on X by Unacademy co-founder and CEO Gaurav Munjal and Ronnie ...

Unacademy, once one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country.

The deal was confirmed on Sunday, with both companies agreeing to a 100% share swap that will combine upGrad’s higher education and upskilling offerings with Unacademy’s K-12 and test preparation ...

Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...

Edtech firm upGrad has signed a term sheet to acquire Unacademy in a 100% share swap deal. Neither company will disclose the valuation until the transaction is formally closed and regulatory filings ...

Munjal said that Unacademy is focussed on turning its “core business” profitable and will not be distracted by competitors’ acquisition strategies Reflecting on the inorganic expansion strategy of ...

After months of back and forth, two of India’s most prominent edtech players, upGrad and Unacademy, have moved a step closer to joining forces after signing a term sheet for a potential merger. In an ...

BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a ...