While the deal makes strategic sense, integrating two distinct businesses and delivering profitability ahead of a potential ...
Grad and Unacademy have confirmed a share swap deal, set to be one of India’s largest edtech consolidations in recent years.
This edition of ETBrandEquity’s Digital Cover features Ronnie Screwvala on building UpGrad, while the sector it is filed under burns, why the AI panic is a Western export, and what a skilling company ...
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
At the height of India’s edtech boom, venture capital flowed into education with a conviction rarely seen in the sector’s history. Billions were invested, startups became unicorns almost overnight, ...
Discover the implications of upGrad's all-stock deal to acquire Unacademy. Learn how this affects the edtech landscape today!
The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations for sustainable growth and profitability ...
After months of talks and discussions, upGrad has finally signed a term sheet to acquire 100% stake in Unacademy in a share swap deal.
If completed, the merger would link school-level coaching with higher education and professional skilling, positioning the combined company to compete in an increasingly consolidated Indian edtech ...
Unacademy is set to be acquired by upGrad in a 100 percent share swap deal. The move comes after a sharp fall in Unacademy’s ...
Higher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaurav Munjal.
WILMINGTON, DE – A US bankruptcy court in Delaware has entered a default judgment against Byju Raveendran, the founder of the major Indian ed-tech firm Byju’s, holding him personally liable for over ...