BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a ...

After months of back and forth, two of India’s most prominent edtech players, upGrad and Unacademy, have moved a step closer to joining forces after signing a term sheet for a potential merger. In an ...

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.

Temasek-backed upGrad is looking to acquire Unacademy in what may be one of the biggest consolidation moves in India’s edtech sector. While this deal potentially gives upGrad an entry into test prep, ...

Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...