UpGrad completes Unacademy acquisition for over $200 million
UpGrad Unacademy acquisition
Covered by 6 sources
- Business Standard·2d agoUnacademy completes deal with Screwvala's upGrad at $200 mn valuation
Unacademy CEO Gaurav Munjal said the company chose the upGrad deal despite having Rs 900 crore in cash and the option to continue independently, calling it "the more ambitious path"
Read at Business Standard → - Business Today IN·2d ago'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn-to-$200 mn UpGrad deal
UpGrad acquired Unacademy for just over $200 million. Unacademy had reached a peak valuation of $3.44 billion
Read at Business Today IN → - Inc42 India·3d agoFrom $3.5 Bn To $200 Mn: upGrad Completes Unacademy Acquisition
After months of negotiations and regulatory clearances, edtech major upGrad has completed its acquisition of Unacademy in a deal valued…
Read at Inc42 India → - YourStory India·3d agoupGrad wraps up Unacademy acquisition at $200M
The deal that brings together two major edtech businesses gives upGrad an entry into online test-preparation while extending its reach across a much broader learner journey.
Read at YourStory India → - ET Tech·3d agoUpGrad completes Unacademy acquisition for over $200 million
The 100% share-swap transaction values Unacademy more than 90% below its $3.4-billion peak in 2021. ET first reported on May 4 that the acquisition was in its final stages.
Read at ET Tech →
