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 ...
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 ...
Allen Career Institute is reportedly in advanced talks to acquire Unacademy, a prominent edtech startup in India, for $800 million. This would mark a significant decrease from Unacademy's valuation of ...
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
“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 ...
Talks of a merger between the two parties have been going on for months but promoters of Allen — the Maheshwari family — have not yet agreed to the deal terms A major sticking point in the ...
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 ...
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the ...
Edtech company Unacademy has amended its employee stock option (ESOP) scheme, sharply reducing the window for former employees to exercise vested stock options to 30 days—from a period of up to 10 ...
Gaurav Munjal, co-founder, Unacademy. Edtech firm Unacademy will exit its company-operated offline centres and transition fully to a franchise-led model over the coming months, founder Gaurav Munjal ...
Nedtech 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 ...
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