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 ...
Without giving details about the potential consolidation, the cofounder, in a post on X, indicated the startup's willingness to go through the deal if it can lead to a "stronger entity" Over the past ...
Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when ...
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.
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 ...
Screwvala said the proposed combination would strengthen upGrad’s integrated learning ecosystem. Edtech company upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, ...
Unacademy was valued at $3.4 billion in 2021, and upGrad had proposed a valuation of $300–400 million in November before the talks collapsed in January. upGrad is finalizing Unacademy’s acquisition at ...
Test prep startup Unacademy is in advanced talks with higher education and upskilling firm Upgrad for an all-stock acquisition valuing it at around $300–320 million, people aware of the matter told ET ...
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 ...