UpGrad buys edtech start-up Unacademy for just over $200M
Published by NewsBytes on
Category: Markets
Ronnie Screwvala-led UpGrad has officially acquired edtech start-up Unacademy for just over $200 million, the latter's co-founder and CEO Gaurav Munjal announced today. The all-stock deal values Unacademy at more than 90% below its peak valuation of $3.4 billion back in 2021. Munjal will continue to lead the company after the acquisition.
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