India's Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation
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6 Articles
Unacademy Sold : Unacademy, one of India's most valuable edtech startups, has been acquired by its competitor upGrad at a valuation of a little over $200 million, a drop of nearly 94% from its peak valuation in 2021. Gaurav Munjal, co-founder and CEO of Unacademy, shared an emotional post on social media, […]
Unacademy, one of India's largest bets on technology education, was acquired by upGrad for $206 million, nearly 94% less than its 2021 peak.
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Cryptocurrency News | Cryptocurrency Prices | Market CapUnacademy sells to rival upGrad for $206M, 94% below peak valuation
The acquisition highlights the volatility in edtech valuations and signals a trend towards consolidation as companies seek strategic synergies. The post Unacademy sells to rival upGrad for $206M, 94% below peak valuation appeared first on Crypto Briefing.
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