Indian edtech company upGrad has completed its acquisition of Unacademy through an all-stock transaction valuing the startup at INR 1,955 crore (USD $206 million), around 94% below its 2021 peak.
Munjal has himself openly acknowledged the sharp fall in valuation. Unacademy, once one of India's most valuable edtech startups, has been acquired by rival upGrad in an all-stock deal valued at just ...
The Ronnie Screwvala-led upGrad has completed the acquisition of edtech firm Unacademy in an all-stock deal, at a valuation of just over $200 million — more than 90% below the $3.44 billion the ...
Unacademy, once one of India’s most valuable edtech startups, has been acquired by rival upGrad at a valuation of just over $200 million, about 94% less than its 2021 peak valuation. The all-stock ...
Edtech company upGrad has completed its acquisition of Unacademy in an all-stock transaction valued at just over $200 million, marking a dramatic reset for one of India’s most prominent edtech ...
upGrad is in the final stages of acquiring rival Unacademy in a ₹1,955 Cr deal, with the transaction expected to close within the next three weeks The acquisition is among the largest consolidation ...
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 ...
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 ...
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 ...
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 ...
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.
Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...