Indian edtech startup upGrad plans to acquire rival Unacademy in an all-stock deal; Unacademy was valued at less than $500M in 2025, down from $3.5B in 2021 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch:
Indian edtech startup upGrad plans to acquire rival Unacademy in an all-stock deal; Unacademy was valued at less than $500M in 2025, down from $3.5B in 2021  —  Unacademy, once a one of India's most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal …