Edtech company upGrad has signed a term sheet to acquire rival company Unacademy in a 100% share-swap deal for an undisclosed value.
As school leaders try to get a handle on ed tech investments, some are looking to make payments contingent upon student achievement.
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 ...
While the deal outines 100% share swap transaction, the companies did not disclose the valuation, saying details will be made public after the transaction closes.
A new survey of parents shows that 8 in 10 parents want more guardrails on artificial intelligence for their children. Echelon Insights, a digital polling organization, conducted the survey on behalf ...
While the deal outines 100% share swap transaction, the companies did not disclose the valuation, saying details will be made public after the transaction closes.
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.
Unacademy saw two big rounds of layoffs in 2023 and 2024, with nearly 10% of the remaining workforce being shown the door in both years. After raising its largest funding round of $440 million in 2021 ...
Grad is set to acquire Unacademy in an all-stock share-swap deal, with Gaurav Munjal staying on as CEO and Ronnie Screwvala ...
The deal between upGrad and Unacademy brings together two of India’s most prominent edtech platforms at a time when the ...
SoftBank-backed Indian edtech firm Unacademy has signed a term sheet with rival upGrad for its acquisition in a share swap deal, co-founder and chief executive Gaurav Munjal said in a social media ...