Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates

The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles ...
Devdiscourse

UpGrad to Acquire Unacademy in Landmark EdTech Deal

UpGrad is acquiring Unacademy in an all-stock deal, with Unacademy CEO Gaurav Munjal continuing to lead. The partnership aims to innovate in online education, focusing on global expansion and product ...

India's upGrad acquires Unacademy in all-stock deal

March 15 (Reuters) - Indian edtech startup upGrad has signed a term sheet to acquire rival Unacademy in an all-stock deal, the companies said on Sunday. * Unacademy founder and CEO Gaurav Munjal said ...
Mint

upGrad drops plans to acquire Unacademy following valuation differences

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 ...
inc42

Building Unacademy For Long Run, Not Doing Any M&A: Gaurav Munjal

Unacademy’s cofounder and CEO Gaurav Munjal has clarified that the edtech startup is not looking for “any sale or M&A” This comes after reports suggested that Unacademy was in advanced discussions ...
The Financial Express

Unacademy to exit company-owned offline centres, convert to franchise model by April

SoftBank-backed edtech firm Unacademy will shut down all its company-operated offline coaching centres and convert them into franchise partnerships by April, co-founder and chief executive Gaurav ...