UpGrad to acquire Unacademy in all-stock ₹2,055cr deal asks CCI
NewsBytes | May 8, 2026 12:40 PM CST
Unacademy to hold ₹900-950cr reserves
After merging, Unacademy will have around ₹900 to ₹950 crore in cash reserves.
This move comes as edtech valuations are falling and signals a big step toward industry consolidation, especially with major backers like SoftBank and Peak XV Partners involved.
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