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UpGrad to acquire Unacademy in all stock deal worth about Rs 2055 crore
Startups
Published on 4 May 2026
The deal price is far below Unacademy's peak
Upskilling platform UpGrad is set to acquire Unacademy in an all stock deal valued at around ₹2,055 crore, well below Unacademys peak valuation. Unacademy is expected to add substantial cash reserves to the transaction, which is pending approval from the Competition Commission of India. The move signals growing consolidation in Indias edtech market during a post pandemic slump.
- UpGrad and Unacademy are moving toward an all stock acquisition deal
- The estimated value of about ₹2,055 crore is below Unacademys peak
- Unacademy’s cash reserves are expected to strengthen the combined business
- The transaction awaits Competition Commission of India approval
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times