India’s Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation
“We raised at a peak, but sold at a fraction of that,” Unacademy co-founder and CEO Gaurav Munjal wrote. “I’m not going to dress these facts up.”
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.