#unacademy
CCI okays upGrad-Unacademy merger, clears path for major edtech consolidation; details here
The Competition Commission of India has approved upGrad's acquisition of Unacademy's parent company, Sorting Hat Technologies.
UpGrad value pegged at $1.7 billion as Unacademy deal awaits CCI assent
UpGrad's valuation hit $1.7 billion, with a confidential report revealing projected profitability for FY26. The edtech firm plans to acquire Unacademy for Rs 2,055 crore, a fraction of its peak value. Aggressive growth is anticipated through acquisitions, int…
Unacademy test-prep CEO Sumit Jain to step down ahead of upGrad merger
Jain will continue with the company in an advisory capacity after his exit from day-to-day operations, Munjal said in the memo reviewed
Unacademy cofounder Sumit Jain quits ahead of upGrad acquisition
Sumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 2020, will continue as an advisor. His departure follows the companies filing for merger approval with the Competition Com…