From $3.5 Bn To $200 Mn: upGrad Completes Unacademy Acquisition

After months of negotiations and regulatory clearances, edtech major upGrad has completed its acquisition of Unacademy in a deal valued at just over $200 Mn. Unacademy cofounder Gaurav Munjal announced the closure of the transaction in a post on X today. “We raised at a peak, but sold at a fraction of that.