The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles ...
SoftBank-backed Unacademy’s Cofounder and Chief Executive Officer (CEO) Gaurav Munjal also confirmed this in a post on X ...
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 ...
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 ...
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.
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Unacademy tightens ESOP rules, ex-employees must now exercise vested options within 30 days
Move comes as the company is reportedly in acquisition talks with upGrad Founder clarified that the move is an attempt to give employees actual shares (equity) so they can participate in the potential ...
Edtech firm Unacademy plans to bring down the cash burn in its core business to below Rs 200 crore in calendar year 2025, nearly half of last year’s amount and a sharp decline from over Rs 1,000 crore ...
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 ...
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