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upGrad’s bid to acquire rival Unacademy
has fallen through. The Ronnie Screwvala-led edtech unicorn walked away from the deal after the two sides disagreed on price. So, what went wrong after months of talks?
The Valuation Conundrum: The deal collapsed as Unacademy was seeking a valuation of $300 Mn to $400 Mn, but there was no clarity on the valuation upGrad was willing to offer. With the exam-prep market saturated and user retention under pressure, upGrad…
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upGrad’s bid to acquire rival Unacademy has fallen through. The Ronnie Screwvala-led edtech unicorn walked away from the deal after the two sides disagreed on price. So, what went wrong after months of talks?
The Valuation Conundrum: The deal collapsed as Unacademy was seeking a valuation of $300 Mn to $400 Mn, but there was no clarity on the valuation upGrad was willing to offer. With the exam-prep market saturated and user retention under pressure, upGrad…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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