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How the Unacademy-upGrad deal unfolded; Why AI could push India’s ER&D revenue past $100B
The Unacademy-upGrad deal began with an audacious pitch, recalls Ronnie Screwvala. Meanwhile, a Nasccom study says the engineering research and development (ER&D) services revenue from India is projected to cross $100 billion by 2030, up from $63 billion in FY26, driven by AI.
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economictimes.indiatimes.com
UpGrad completes Unacademy acquisition for over $200 million - The Economic Times
The 100% share-swap transaction values Unacademy more than 90% below its $3.4-billion peak in 2021. ET first reported on May 4 that the acquisition was in its final stages.
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UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raise
UpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in Indias edtech sector. This and more in todays ETtech Top 5.
