Grad signs a term sheet to acquire Unacademy in a share-swap deal, signalling a new consolidation phase in India’s edtech ...
After months of talks and discussions, upGrad has finally signed a term sheet to acquire 100% stake in Unacademy in a share ...
The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations ...
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Unacademy to be acquired by upGrad in share swap deal
Unacademy is set to be acquired by upGrad in a 100 percent share swap deal. The move comes after a sharp fall in Unacademy’s ...
upGrad’s bid to acquire rival Unacademy has fallen through. The Ronnie Screwvala-led edtech unicorn walked away from the deal after the two sides disagreed on price. So, what went wrong after months ...
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 ...
Indian edtech giant Unacademy is laying off about 250 employees. This is the latest in a series of job cuts at the company after schools reopened across the country following the pandemic lockdowns.
New Delhi: Edtech company Unacademy will shut down its company-run offline centres and move fully to a franchise model over the next few months, founder Gaurav Munjal told employees in an internal ...
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