The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.

Grad signs a term sheet to acquire Unacademy in a 100% share swap, with valuation details pending until transaction closure.

Higher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's ...

Edtech giants Upgrad and Unacademy are set to merge in an all-stock deal, a significant consolidation for India's online education sector. Upgrad founder Ronnie Screwvala confirmed the term sheet ...

If completed, the merger would link school-level coaching with higher education and professional skilling, positioning the combined company to compete in an increasingly consolidated Indian edtech ...

If the deal closes, upGrad's integrated model will be on a strong trajectory, said Ronnie Screwvala, cofounder of upGrad, on ...

Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...

After reported layoffs of around 250 employees in the latest job cuts, edtech firm Unacademy Co-founder and CEO Gaurav Munjal on Wednesday denied the reports of a possible merger or an outright ...

Unacademy’s co-founder Hemesh Singh has stepped down as the chief technology officer and will move into an advisory role. Founded in 2015 by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy ...

Graphy, which was expected to draw INR 30 Cr revenues for Unacademy, may have seen a drop in sales over past few months Fortunately, Unacademy’s offline business is expected to drive the revenues for ...