Tech
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 […]
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…
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