No Takers For Unacademy, Mumbai Funding 2025 & More

upGrad-Unacademy M&A Talks Collapse

upGrad’s bid to acquire rival Unacademy has fallen through. The Ronnie Screwvala-led edtech unicorn walked away from the deal after the two sides disagreed on price. So, what went wrong after months of talks?

The Valuation Conundrum: The deal collapsed as Unacademy was seeking a valuation of $300 Mn to $400 Mn, but there was no clarity on the valuation upGrad was willing to offer. With the exam-prep market saturated and user retention under pressure, upGrad…