The deal was confirmed on Sunday, with both companies agreeing to a 100% share swap that will combine upGrad’s higher education and upskilling offerings with Unacademy’s K-12 and test preparation ...
On March 15, Unacademy co-founder and CEO Gaurav Munjal posted on X, announcing that the company has signed a term sheet for upGrad to acquire Unacademy in a 100 percent share-swap deal. Founded by ...
Unacademy is set to be acquired by rival Mumbai-based edtech firm upGrad in an all-stock deal. The announcement was made in a post on X by Unacademy co-founder and CEO Gaurav Munjal and Ronnie ...
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 ...
New Delhi: Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction. Founders Ronnie Screwvala and Gaurav Munjal announced the development in separate posts on ...
India’s edtech sector may be entering a fresh consolidation phase as large platforms seek scale and sustainable growth after the post-pandemic funding slowdown, industry executives and investors said.
Edtech major upGrad has announced the acquisition of rival Unacademy in a 100 per cent share-swap transaction. Following the deal, Gaurav Munjal will remain the CEO of Unacademy. Announcing the ...
Screwvala said the proposed combination would strengthen upGrad’s integrated learning ecosystem. Edtech company upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, ...
Ronnie Screwvala's Upgrad has signed a term sheet to acquire Gaurav Munjal's Unacademy in an all-stock deal—a move that consolidates India's edtech sector led by PhysicsWallah Ltd. Billionaire ...
Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders Ronnie Screwvala and Gaurav Munjal announced in separate posts on X on Saturday. The ...
March 15 (Reuters) - Indian edtech startup upGrad has signed a term sheet ‌to acquire rival Unacademy in an all-stock deal, the companies said on Sunday. Sign up here. Unacademy founder and ⁠CEO ...
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.