Grad signs a term sheet to acquire Unacademy in a share-swap deal, signalling a new consolidation phase in India’s edtech sector after the post-pandemic funding slowdown.

The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations for sustainable growth and profitability ...

After months of talks and discussions, upGrad has finally signed a term sheet to acquire 100% stake in Unacademy in a share swap deal.

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 is set to be acquired by upGrad in a 100 percent share swap deal. The move comes after a sharp fall in Unacademy’s ...

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 ...

Edtech firm Unacademy has initiated a ₹50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company’s valuation has fallen significantly below its ...

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 ...

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.