The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
The proposed all-stock acquisition shows valuation pressures and a shift towards mergers, as edtech firms improve operations for sustainable growth and profitability ...
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Unacademy to be acquired by upGrad in share swap deal
Unacademy is set to be acquired by upGrad in a 100 percent share swap deal. The move comes after a sharp fall in Unacademy’s ...
The commission noted that Physics Wallah did not respond to the proceedings despite being served notice. With no appearance or reply filed by the company, the forum proceeded ex parte to decide the ...
India’s new-generation startups are creating a fresh wave of founders, with executives from 111 firms launching over 200 new companies. Razorpay, Cred, Meesho and PhonePe lead in producing ...
Time has an arrow: It only ever seems to move in one direction. The future is always unknown to us, while the past forever remains locked and inaccessible. And yet, the vast majority of the laws of ...
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