After failed acquisitions talks with upGrad, Bengaluru-based edtech unicorn Unacademy plans to exit its offline business by converting company operated centres into franchise partnerships. In an ...
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 ...
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 ...
Indian edtech platform Unacademy, on Tuesday (July 7), acquired PrepLadder, a postgraduate medical entrance exam preparation platform for $50Mn. The acquisition is expected to strengthen Unacademy’s ...
Unacademy, once one of India’s most celebrated edtech startups, is now worth less than $500 million — a steep 85% drop from its pandemic-era peak — as the company undergoes a major reset and explores ...
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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 UpGrad has called off its proposed acquisition of Unacademy at a valuation of around USD 290 million, citing valuation concerns and business-related challenges within the Temasek and ...
The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...
For many former Unacademy employees, a recent email from the edtech company felt like a deadline with a price tag. The message asked exited employees to exercise their vested Employee Stock Ownership ...
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