TechCrunch

Unacademy’s founder says startup is now worth less than $500M, confirms M&A talks

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 ...
Indiatimes

From $3.4 billion to $800 million: Unacademy may be looking for a buyer as valuation takes a major hit

Edtech firm Unacademy, once valued at $3.4 billion, is reportedly in acquisition talks with Allen Career Institute for $800 million. The deal hinges on approval from Allen's promoters, the Maheshwari ...
Mint

Unacademy to exit offline centres, shift to franchise model, founder Gaurav Munjal tells employees

Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...
Mint

UpGrad in talks to acquire Unacademy in $300–400 million deal: Report

Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
Hindustan Times

‘Building Unacademy for the long run’: CEO Gaurav Munjal after laying off 250 employees

Unacademy founder and CEO Gaurav Munjal asked people to “ignore the rumours” about his company, adding that he is “building the company for the long run”. Unacademy founder and CEO Gaurav Munjal, in a ...
Business Line

Unacademy revises ESOP policy

Test preparation platform Unacademy has revised its employee stock option plan policy (ESOP), sharply reducing the time available for former employees to exercise their vested options. Under the ...