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

Grad and Unacademy have confirmed a share swap deal, set to be one of India’s largest edtech consolidations in recent years.

The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations for sustainable growth and profitability ...

Grad signs a term sheet to acquire Unacademy in a share-swap deal, signalling a new consolidation phase in India’s edtech sector after the post-pandemic funding slowdown.

If completed, the merger would link school-level coaching with higher education and professional skilling, positioning the combined company to compete in an increasingly consolidated Indian edtech ...

If the deal closes, upGrad's integrated model will be on a strong trajectory, said Ronnie Screwvala, cofounder of upGrad, on ...

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 ...

Edtech company upGrad has signed a term sheet to acquire rival company Unacademy in a 100% share-swap deal for an undisclosed value.

Edtech company upGrad has announced that it will acquire competitor Unacademy through a 100 per cent share-swap deal. After the transaction, Gaurav Munjal will continue to serve as the CEO of ...

SoftBank-backed Indian edtech firm Unacademy co-founder and chief executive Gaurav Munjal announced in a social media post that they have signed a term sheet with rival upGrad for its acquisition in a ...

Edtech major upGrad has announced the acquisition of rival Unacademy in a 100 per cent share-swap transaction. Following the ...