11hon MSN
Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
Higher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaurav Munjal.
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