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 ...
Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...
Ronnie Screwvala of upGrad, one of India's few surviving edtech firms, has placed a bid to buy SoftBank-backed Unacademy at a valuation of $300 million to $400 million, a steep markdown from its ...
Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO ...
Amid the reports of the exit of Gaurav Munjal and Roman Saini from Unacademy, nobody within the inner circles of the two founders seems to be surprised Munjal has passed the reins to Sumit Jain, who ...
Gaurav Munjal, co-founder and CEO of Unacademy tackles problems like slowing growth at core, failed acquisitions, multiple runway extensions On November 7, 2022, Unacademy, India’s second-most valued ...
Edtech major Unacademy claims it is on track to achieve group-level profitability this year as the company has been able to boost its group-level revenue by 26% for the calendar year (CY) 2023, ...
Edtech platform Unacademy, backed by Facebook and Sequoia, has acquired PrepLadder, a postgraduate medical entrance exam preparation platform, for $50 million. The acquisition of PrepLadder comes even ...
Unacademy has raised a whopping $150 million (Rs 1,094 crore) in a new funding round led by SoftBank, catapulting the ed-tech company to the famed unicorn club of startups with a valuation of over $1 ...
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