The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
Unacademy, once one of India’s most valuable edtech startups, has been acquired by rival upGrad at a valuation of just over $200 million, about 94% less than its 2021 peak valuation. The all-stock ...
Edtech company upGrad, led by Ronnie Screwvala, completed its buyout of Unacademy for over $200 million. The deal was confirmed on Tuesday in a post on X by Unacademy co-founder and CEO Gaurav Munjal.
Unacademy-SORTING HAT TECHNOLOGIES Unlisted Shares, Valuation & Financials | Buy or Sell Unlisted Shares Online - Moneycontrol ...
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Almost three months after upGrad and Unacademy merger talks failed over a valuation mismatch, Unacademy cofounder Gaurav Munjal took to social media platform X today (Sunday, March 15) announcing that ...
Unacademy, one of India's high-profile startups, is undertaking several cost-cutting measures, including salary reduction for founders and shutting down "certain businesses" as it pledges to become ...
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Unacademy founder and chief executive officer (CEO) Gaurav Munjal has clarified that the online edtech major will record its best year of growth and profitability in 2024, and urged people to ‘ignore ...
MTV’s Unacademy Unwind To Be A Starry Affair With Lucky Ali, Sonu Nigam & Others Coming On Board – Deets Inside (Photo Credit: Instagram) Musicians Lucky Ali, Sonu Nigam, Badshah, Darshan Raval, Benny ...
Unacademy said on Tuesday that Relevel, its upskilling product, is shifting focus to its tests product and the newly launched LinkedIn-rival NextLevel, the latest in a series of changes from the ...