Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the ...
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
Definite, a full-stack artificial intelligence-native data platform, said it raised $10 million in seed funding led by venture capital firm Costanoa, with participation from Acrew Capital and ...
Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over. This shift comes amid strategic ...
Unacademy co-founders Gaurav Munjal and Roman Saini are stepping away from their day-to-day roles at the edtech firm as they shift their focus to AirLearn, the company’s language learning app, which ...
Edtech firm Unacademy, once valued at $3.4 billion, is reportedly in acquisition talks with Allen Career Institute for $800 million. The deal hinges on approval from Allen's promoters, the Maheshwari ...
Allen Career Institute is reportedly in advanced talks to acquire Unacademy, a prominent edtech startup in India, for $800 million. This would mark a significant decrease from Unacademy's valuation of ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
Talks of a merger between the two parties have been going on for months but promoters of Allen — the Maheshwari family — have not yet agreed to the deal terms A major sticking point in the ...
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