UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuation - The Economic Times

After on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an internal round of approximately Rs 375 crore from existing backers such as Temasek, which is a common investor across both companies, as per people in the know.

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