India’s edtech sector has spent the last few years battling layoffs, falling valuations, and investor skepticism.
Jain, who was appointed chief executive of Unacademy’s test-prep business in September 2025, will move into an advisory role ...
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 ...
Just over nine months ago, in April 2025, Unacademy CEO Gaurav Munjal proclaimed that nearly 70% of the company’s offline coaching centres would turn profitable by the end of the year. At the time, it ...
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UpGrad turns profitable ahead of Unacademy acquisition: Report
Edtech major upGrad turned PAT profitable in the first 11 months of the fiscal year FY26 ahead of its proposed acquisition of ...
UpGrad's valuation reached $1.7 billion, as the edtech firm eyes aggressive growth through acquisitions, including a Rs 2,055 crore deal for Unacademy awaiting CCI approval.
Unacademy’s Chief Executive for the test-preparation business, Sumit Jain, will step down from his full-time operating role ...
UpGrad is set to acquire Unacademy for Rs 2,055 crore, marking a significant drop of 90% from its peak valuation, alongside raising Rs 375 crore from existing investors.
Sumit Jain, Unacademy co-founder and CEO (test-prep) has said that he will be stepping down from his full-time operational ...
India’s leading upskilling platform UpGrad has reportedly agreed to acquire test-prep startup Unacademy in an all-stock deal worth about ...
Unacademy's Graphy, a SaaS (software-as-a-service)-based platform for content creators, has bought Scenes, a community platform for creators, marking the first acquisition for the SoftBank-backed ...
Edtech major UpGrad is in advanced discussions to acquire rival Unacademy in a deal that could value the test-prep platform at $300–400 million (₹2,800–3,500 crore), according to a media report that ...
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