Edtech major UpGrad is in advanced discussions to acquire rival Unacademy in a deal that could value the test-prep platform at $300–400 million (₹2,800–3,500 crore), according to a media report that ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.
Unacademy, once one of India’s most celebrated edtech startups, is now worth less than $500 million — a steep 85% drop from its pandemic-era peak — as the company undergoes a major reset and explores ...