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 ...
Indian edtech giant Unacademy is laying off about 250 employees. This is the latest in a series of job cuts at the company after schools reopened across the country following the pandemic lockdowns.
Unacademy, one of India’s high-profile startups, is undertaking several cost-cutting measures, including salary reduction for founders and shutting down “certain businesses” as it pledges to become ...
Unacademy’s cofounder and CEO Gaurav Munjal has clarified that the edtech startup is not looking for “any sale or M&A” This comes after reports suggested that Unacademy was in advanced discussions ...
Ronnie Screwvala of upGrad, one of India's few surviving edtech firms, has placed a bid to buy SoftBank-backed Unacademy at a valuation of $300 million to $400 million, a steep markdown from its ...
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.
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300- 400 million, people familiar with the matter told Moneycontrol. The two companies could ...
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