The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles ...
Discover the implications of upGrad's all-stock deal to acquire Unacademy. Learn how this affects the edtech landscape today!
While the deal makes strategic sense, integrating two distinct businesses and delivering profitability ahead of a potential ...
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 ...
upGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said. The talks, one of the biggest consolidation moves in India’s ...
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the ...
Unacademy, once one of India’s most celebrated edtech startups, is now worth less than $500 million — a steep 85% drop from its pandemic-era peak — as the company undergoes a major reset and explores ...
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 ...
Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...