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.
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 ...
While the deal makes strategic sense, integrating two distinct businesses and delivering profitability ahead of a potential ...
Unacademy, once a 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.
Edtech giants Upgrad and Unacademy are banking on artificial intelligence (AI) to disrupt the stagnant edtech sector. It was announced on Sunday that Ronnie Screwvala’s Upgrad will acquire the Gaurav ...
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Founders of both edtech firms did not disclose the valuation, but said it is a 100% share swap deal.