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 ...
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 ...
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 ...
Upgrad is set to acquire Unacademy in an all-stock transaction. Gaurav Munjal, Unacademy's founder, confirmed the deal. Valuation details will be revealed upon completion. This move follows ...
Edtech major upGrad has announced the acquisition of rival Unacademy in a 100 per cent share-swap transaction. Following the deal, Gaurav Munjal will remain the CEO of Unacademy. Announcing the ...
Edtech company upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap deal, according to announcements by the founders of both companies. The transaction value has not been ...
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.
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. Sign up here. Unacademy founder and ⁠CEO ...
Gaurav Munjal, co-founder, Unacademy. Edtech firm Unacademy will exit its company-operated offline centres and transition fully to a franchise-led model over the coming months, founder Gaurav Munjal ...
The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...
Edtech firm UpGrad has called off its proposed acquisition of Unacademy at a valuation of around USD 290 million, citing valuation concerns and business-related challenges within the Temasek and ...