Unacademy Acquired by upGrad for $206M as Edtech Valuations Continue to Normalize
India's Unacademy, a prominent online learning platform, has been acquired by rival upGrad for approximately $206 million—a steep drop from the company's $3.4 billion valuation during its peak funding rounds.
Unacademy co-founder and CEO Gaurav Munjal acknowledged the significant decline candidly. "We raised