Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
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Upgrad eyes Unacademy for $300-320 million
Test prep startup Unacademy is in advanced talks with higher education and upskilling firm Upgrad for an all-stock acquisition valuing it at around $300–320 million, people aware of the matter told ET ...
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 ...
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