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 ...

Talks of a merger between the two parties have been going on for months but promoters of Allen — the Maheshwari family — have not yet agreed to the deal terms A major sticking point in the ...

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 ...

BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a ...

Edtech firm Unacademy has announced a Rs 50 crore employee stock ownership plan (ESOP) buyback programme, a move aimed at providing liquidity to current and former employees just two months after the ...

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 ...