"We raised at a peak, but sold at a fraction of that," Unacademy co-founder and CEO Gaurav Munjal wrote. "I'm not going to ...
The acquisition price of just over $200 million is, therefore, about 94% lower than Unacademy's peak valuation.
The acquisition marks one of the most significant consolidation moves in India's edtech sector, bringing together upGrad's ...
In a major consolidation move for India's edtech sector, UpGrad has acquired test-prep and learning platform Unacademy for ...
The huge gap between Unacademy’s peak valuation and its eventual acquisition price led to a lighthearted dig from comedian ...
The deal that brings together two major edtech businesses gives upGrad an entry into online test-preparation while extending ...
Unacademy CEO Gaurav Munjal said the company chose the upGrad deal despite having Rs 900 crore in cash and the option to ...
Grad acquires Unacademy for over $200 million, reflecting a significant valuation drop from its 2021 peak of $3.44 billion.
Unacademy’s acquisition by Ronnie Screwvala-led upGrad has brought the edtech company’s growth journey back into focus, while ...
Grad acquires Unacademy in a $200M all-stock deal, integrating test prep businesses while keeping subsidiaries separate. The ...
Gaurav Munjal said the acquisition was not driven by financial pressure, while Ronnie Screwvala revealed that discussions ...
Unacademy co-founder and CEO Gaurav Munjal said the transaction had closed on September 1, bringing an end to months of ...