The companies have been negotiating the terms of the merger for the past few weeks, the sources added. Bengaluru-based edtech unicorn Unacademy is in discussions to merge with K12 Techno Services, ...
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 ...
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 ...
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.
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Unacademy tightens ESOP rules, ex-employees must now exercise vested options within 30 days
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 ...
Edtech firm Unacademy plans to bring down the cash burn in its core business to below Rs 200 crore in calendar year 2025, nearly half of last year’s amount and a sharp decline from over Rs 1,000 crore ...
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