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 ...
Unacademy, once one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country.
Upgrad is set to acquire Unacademy in an all-stock transaction. Gaurav Munjal, Unacademy's founder, confirmed the deal. Valuation details will be revealed upon completion. This move follows ...
Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO ...
Edtech firm Unacademy has initiated a ₹50 crore ESOP buyback programme, offering liquidity to current and former employees at a time when the company is navigating a broader strategic reset and ...
Edtech startup Unacademy has launched a Rs 50 crore employee stock ownership plan (ESOP) buyback programme to provide liquidity to its workforce, co-founder Gaurav Munjal said. The buyback comes as ...
If the deal closes, upGrad's integrated model will be on a strong trajectory, said Ronnie Screwvala, cofounder of upGrad, on ...
Edtech firm upGrad has signed a term sheet to acquire Unacademy in a 100% share swap deal. Neither company will disclose the valuation until the transaction is formally closed and regulatory filings ...
New Delhi: Ronnie Screwvala-led edtech major upGrad is set to acquire Unacademy in an all-stock, 100 per cent share swap deal. Under the agreement, Unacademy co-founder Gaurav Munjal will continue to ...
Edtech firm Unacademy has announced a Rs 50 crore employee stock ownership plan (ESOP) buyback programme, a move aimed at providing liquidity to current and former employees just two months after the ...