Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
Unacademy
Unacademy’s founder says startup is now worth less than $500M, confirms M&A talks
Unacademy’s valuation has dropped by over 85% from its pandemic-era peak price tag of $3.5 billion, its founder said.