upGrad to Purchase Unacademy in $300-400 Million Deal
upGrad Education Private Limited is in talks to acquire Unacademy in a deal that could be worth $300-400 million (₹2,800-3,500 crore). “The two companies could sign a term sheet in three weeks”, said a person familiar with the matter. The potential valuation shows a significant decline from Unacademy’s $3.44 billion valuation in 2021, demonstrating how…
Vipin
Edtech Unicorn upGrad Raises $210 Million In Latest Funding
Edtech unicorn, upGrad, has raised $210 million in the latest funding round that has been conducted by prominent investors and family offices, including ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, Bharti Airtel, Narotam Sekhsaria Family Office, Lakshmi Mittal’s Artisan Investments, along with existing investors Temasek, IFC and IFL. upGrad was founded by Ronnie Screwvala…
Himanshu