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India’s Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation

Unacademy has been sold to rival upGrad for $206 million, a dramatic 94% drop from its peak valuation in 2021. Co-founder Gaurav Munjal confirmed the all-stock deal, highlighting it as a strategic move to expand in the education sector whil...

TechCrunch· Sep 1, 2026 · 5:21 PM · 536 views

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Unacademy has been sold to rival upGrad for $206 million, a dramatic 94% drop from its peak valuation in 2021. Co-founder Gaurav Munjal confirmed the all-stock deal, highlighting it as a strategic move to expand in the education sector while retaining its brand and operations.

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#news #breaking #India #education #Unacademy #upGrad #business #tech

Originally reported by TechCrunch. Read the full story →

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