After on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is ...
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UpGrad to buy Unacademy at steep 90% valuation cut
UpGrad will acquire Unacademy in an all-stock deal valued at ₹2,055 crore, over 90% below the edtech firm's 2021 peak valuation of $3.4 billion. The transaction, expected to close after Competition ...
Online learning platform Unacademy has suffered a data breach after a hacker gained access to their database and started selling the account information for close to 22 million users. Unacademy is one ...
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 ...
Unacademy co-founders Gaurav Munjal and Roman Saini are stepping away from their day-to-day roles at the edtech firm as they shift their focus to AirLearn, the company’s language learning app, which ...
Edtech firm upGrad has signed a term sheet to acquire Unacademy in a 100% share swap deal. Neither company will disclose the valuation until the transaction is formally closed and regulatory filings ...
Unacademy is exploring potential mergers and acquisitions as the edtech firm looks to stabilise after three years of contraction and a dramatic shift in market realities, cofounder and CEO Gaurav ...
Gaurav Munjal and Roman Saini, the co-founders of edtech Unacademy, are reportedly exiting the company. Edtech unicorn Unacademy has reduced its cash burn in the core business to under Rs 200 crore, ...
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