Grad signs a term sheet to acquire Unacademy in a share-swap deal, signalling a new consolidation phase in India’s edtech sector after the post-pandemic funding slowdown.

The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.

Grad has signed a term sheet to acquire edtech firm Unacademy through a 100% share-swap deal. Founder Gaurav Munjal will ...

“We at upGrad have signed a term sheet to acquire Unacademy in an all-stock deal, with Founder and CEO Gaurav Munjal staying ...

Edtech major upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, a move that could mark ...

Parliamentary panel has recommended the re-introduction of the same, citing the need for a stable revenue mode for fintech companies facilitating the services ...

Mycologists cultivated fungi they found in post-wildfire landscapes to understand the evolutionary traits behind their ...

Many of the most damaging invasions do not simply subtract species; they fundamentally remodel the environment, altering habitats, rewiring interactions, and shifting processes in ways that species ...

Sarvam’s open-sourced Indic-focused reasoning models signal India’s AI ambition, but missing tooling, ecosystem gaps and ...