Edtech giant upGrad is reportedly close to acquiring Unacademy via an all-stock deal valued at about ₹2,055 crore, a steep 90% drop from Unacademy’s 2021 peak acquisition expectations. Sources say CCI approval is sought this week, with Unacademy expected to bring ₹900–₹950 crore in cash at closing. Talks had stalled earlier over valuation mismatch.
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