Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates
Unacademy drum kit on a dark stage; drummer in a blue shirt lifts a stick in mid-play.
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Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates

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

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