Gaurav Munjal, who will stay on as the cofounder and CEO of Unacademy, said the startup redefined the edtech playbook when it entered the market. "Along the way we lost some focus and market share, ...
The companies will combine through a 100% share swap, with the valuation to be disclosed only after the deal closes, founders Ronnie Screwvala and Gaurav Munjal said.
Grad signs a term sheet to acquire Unacademy in a 100% share swap, with valuation details pending until transaction closure.
The deal comes after months of talks between upGrad and Unacademy, which initially focused on a $300–400 million valuation ...
Bengaluru-headquartered edtech startup Unacademy on Thursday (September 25) acquired a Union Public Service Commission (UPSC) test preparation platform Coursavy for an undisclosed amount. With the ...
If completed, the merger would link school-level coaching with higher education and professional skilling, positioning the combined company to compete in an increasingly consolidated Indian edtech ...
Grad signs a term sheet to acquire Unacademy in a share-swap deal, signalling a new consolidation phase in India’s edtech sector after the post-pandemic funding slowdown.
The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations for sustainable growth and profitability ...
Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...