The deal that brings together two major edtech businesses gives upGrad an entry into online test-preparation while extending its reach across a much broader learner journey.
upGrad has completed its acquisition of Unacademy in an all-stock transaction worth a little over $200 million, marking a major deal in the edtech industry.
The M&A transaction, which brings together two major edtech businesses, gives upGrad an entry into the online test-preparation segment.
It also helps upGrad connect with learners across more touchpoints.
A notable chapter comes to an end
The deal closes a notable chapter for Unacademy.
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The 100% share-swap transaction values Unacademy more than 90% below its $3.4-billion peak in 2021. ET first reported on May 4…
upGrad acquires Unacademy for over $200 million, reflecting a significant valuation drop from its 2021 peak of $3.44 billion.
UpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in Indias edtech sector. This and…
After on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also…
UpGrad is acquiring Unacademy through an all-stock transaction. The Competition Commission of India cleared the merger on July 7,…
The Unacademy-upGrad deal began with an audacious pitch, recalls Ronnie Screwvala. Meanwhile, a Nasccom study says the…
