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.

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 ...

After months of back and forth, two of India’s most prominent edtech players, upGrad and Unacademy, have moved a step closer to joining forces after signing a term sheet for a potential merger. In an ...

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 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 ...

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 ...

New Delhi: Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction. Founders Ronnie Screwvala and Gaurav Munjal announced the development in separate posts on ...

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 ...

Ronnie Screwvala's Upgrad has signed a term sheet to acquire Gaurav Munjal's Unacademy in an all-stock deal—a move that consolidates India's edtech sector led by PhysicsWallah Ltd. Billionaire ...

Screwvala said the proposed combination would strengthen upGrad’s integrated learning ecosystem. Edtech company upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, ...

Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders Ronnie Screwvala and Gaurav Munjal announced in separate posts on X on Saturday. The ...