“The deal fell through as the two parties could not agree on a final valuation,” one of the sources said According to reports, Unacademy was seeking a valuation of around $300 Mn to $400 Mn for the ...

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 ...

Bengaluru-based test preparation startup Unacademy is refocusing on its core business after its acquisition talks with Upgrad fell through. As part of the shift, Unacademy will exit its ...

Ronnie Screwvala-led higher education platform Upgrad has withdrawn from acquisition discussions with SoftBank-backed test-prep company Unacademy after the two sides failed to agree on valuation, ...

Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when ...

upGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said. The talks, one of the biggest consolidation moves in India’s ...

Serial entrepreneur Ronnie Screwvala has confirmed that talks between upGrad and Unacademy have been called off after months of negotiation and back-and-forth over price expectations. “Yes, we are not ...

Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...

Edtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek and ...

Move comes as the company is reportedly in acquisition talks with upGrad Founder clarified that the move is an attempt to give employees actual shares (equity) so they can participate in the potential ...

SoftBank-backed edtech firm Unacademy will shut down all its company-operated offline coaching centres and convert them into franchise partnerships by April, co-founder and chief executive Gaurav ...