While Relevel has denied there have been any layoffs, employees were left to choose between either leaving the startup or taking up a new role in other parts of the Unacademy Group Ironically, ...
Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
Sources claimed that while the deal is nowhere close to done, if it happens it would not be a 50:50 merger but K-12 Techno would acquire Unacademy K-12 Techno would potentially leverage Unacademy to ...
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.
For many former Unacademy employees, a recent email from the edtech company felt like a deadline with a price tag. The message asked exited employees to exercise their vested Employee Stock Ownership ...
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