Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
Unacademy Selects New Relic for Full-Stack Observability to Deliver Continuous Uninterrupted Service
"Unacademy is an e-learning powerhouse that is growing from strength to strength and redefining the concept of quality education in India. By using New Relic, Unacademy will be able to achieve ...
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UpGrad, Unacademy betting on AI to disrupt edtech
Edtech giants Upgrad and Unacademy are banking on artificial intelligence (AI) to disrupt the stagnant edtech sector. It was announced on Sunday that Ronnie Screwvala’s Upgrad will acquire the Gaurav ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.
Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...
Unacademy was valued at $3.4 billion in 2021, and upGrad had proposed a valuation of $300–400 million in November before the talks collapsed in January. upGrad is finalizing Unacademy’s acquisition at ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...
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