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 ...

New Delhi: Edtech company Unacademy will shut down its company-run offline centres and move fully to a franchise model over the next few months, founder Gaurav Munjal told employees in an internal ...

upGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said. The talks, one of the biggest consolidation moves in India’s ...

Acquisition discussions between Unacademy and upGrad, which had been ongoing for several months, reportedly ended after both parties failed to reach consensus on valuation and deal structure. This ...

The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...

The funding round saw participation from Lightspeed Venture Partners, Matrix Partners, angel investors like OYO group CEO and founder Ritesh Agarwal and Unacademy CEO and cofounder Gaurav Munjal Sinha ...

Prior to Unacademy, Singh worked with Munjal as CTO of Flatchat for more than a year In January, the company appointed CRED’s head of finance Pratik Dalal as chief finance officer of its offline ...

Edtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek and ...