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 ...
Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when ...
“The deal fell through as the two parties could not agree on a final valuation,” one of the sources said According to reports, Unacademy was seeking a valuation of around $300 Mn to $400 Mn for the ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
Talks of a merger between the two parties have been going on for months but promoters of Allen — the Maheshwari family — have not yet agreed to the deal terms A major sticking point in the ...
Edtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek and ...
Edtech company Unacademy has amended its employee stock option (ESOP) scheme, sharply reducing the window for former employees to exercise vested stock options to 30 days—from a period of up to 10 ...
Unacademy co-founders Gaurav Munjal and Roman Saini are planning to exit operational roles within the next 2–3 months, multiple sources told Moneycontrol. The duo is currently in advanced discussions ...
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the ...
Unacademy will launch 15 offline centres across nine cities within 30 days from now and its initial setup in Rajasthan’s Kota will be operational in a few more days while the others will follow soon, ...
Bengaluru/Mumbai: Founder Gaurav Munjal is expected to hold a larger stake in Airlearn, Unacademy’s artificial intelligence (AI)-powered language learning app, than he currently does in the parent ...
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