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 ...
Amid the reports of the exit of Gaurav Munjal and Roman Saini from Unacademy, nobody within the inner circles of the two founders seems to be surprised Munjal has passed the reins to Sumit Jain, who ...
Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...
Edtech firm Unacademy has initiated a ₹50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company’s valuation has fallen significantly below its ...
Edtech company upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap deal, according to announcements by the founders of both companies. The transaction value has not been ...
After months of back and forth, two of India’s most prominent edtech players, upGrad and Unacademy, have moved a step closer to joining forces after signing a term sheet for a potential merger. In an ...
Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...
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 ...