Unacademy, once one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country.
March 15 (Reuters) - Indian edtech startup upGrad has signed a term sheet ‌to acquire rival Unacademy in an all-stock deal, the companies said on Sunday. Sign up here. Unacademy founder and ⁠CEO ...
The deal was confirmed on Sunday, with both companies agreeing to a 100% share swap that will combine upGrad’s higher education and upskilling offerings with Unacademy’s K-12 and test preparation ...