The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...

India’s edtech consolidation narrative has hit a pause button. UpGrad has called off its proposed acquisition of Unacademy after months of discussions, citing valuation concerns and unresolved ...

Acquisition discussions between Unacademy and upGrad, which had been ongoing for several months, reportedly ended after both parties failed to reach consensus on valuation and deal structure. This ...

Ronnie Screwvala-led higher education platform Upgrad has withdrawn from acquisition discussions with SoftBank-backed test-prep company Unacademy after the two sides failed to agree on valuation, ...

upGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said. The talks, one of the biggest consolidation moves in India’s ...

Edtech firm Unacademy has put on hold proposed amendments to its 2018 employee stock option scheme (ESOS 2018) following strong pushback from former employees over the tax and liquidity implications ...

Unacademy co-founder and CEO Gaurav Munjal has issued an internal clarification on the company’s decision to allow exited employees to convert their vested stock options into equity shares, saying the ...

Test preparation platform Unacademy has revised its employee stock option plan policy (ESOP), sharply reducing the time available for former employees to exercise their vested options. Under the ...

Edtech company Unacademy has amended its employee stock option (ESOP) scheme, sharply reducing the window for former employees to exercise vested stock options to 30 days—from a period of up to 10 ...

When UB chemists analyzed samples of water, fish and bird eggs, they weren’t surprised to find plenty of per- and polyfluoroalkyl substances (PFAS). After all, these “forever chemicals” turn up nearly ...

Unacademy, once one of India’s most celebrated edtech startups, is now worth less than $500 million — a steep 85% drop from its pandemic-era peak — as the company undergoes a major reset and explores ...

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 ...