Tag: unacademy

Longshot Capital: Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fund
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Longshot Capital: Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fund

Unacademy founders Gaurav Munjal and Roman Saini are raising a Rs 700-crore venture capital fund focused on artificial intelligence (AI) and deep technology startups, less…

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Gaurav Munjal: Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCs
Posted in Startups

Gaurav Munjal: Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCs

Unacademy cofounder and CEO Gaurav Munjal has pushed back against the view that Indian venture capitalists (VCs) are too cautious to back ambitious startups, saying…

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UpGrad financial results FY26: Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%
Posted in Startups

UpGrad financial results FY26: Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%

Bengaluru: The Ronnie Screwvala-led higher education and upskilling platform UpGrad nearly halved its consolidated net loss to Rs 131 crore in FY26, as lower expenses…

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UpGrad completes Unacademy acquisition for over $200 million
Posted in Startups

UpGrad completes Unacademy acquisition for over $200 million

Ronnie Screwvala-led UpGrad has completed its acquisition of Unacademy for just over $200 million, Unacademy cofounder and chief executive Gaurav Munjal said on Tuesday. The…

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Billionaire investor Ronnie Screwvala. (LinkedIn/Ronnie Screwvala)
Posted in Business

Upgrad to acquire Unacademy in all-stock deal| Business News

Ronnie Screwvala’s Upgrad has signed a term sheet to acquire Gaurav Munjal’s Unacademy in an all-stock deal—a move that consolidates India’s edtech sector led by…

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After failed acquisition talks with Upgrad, Unacademy pivots back to online test prep
Posted in Startups

After failed acquisition talks with Upgrad, Unacademy pivots back to online test prep

Bengaluru-based test preparation startup Unacademy is refocusing on its core business after its acquisition talks with Upgrad fell through. As part of the shift, Unacademy…

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Upgrad pulls out of talks to acquire Unacademy
Posted in Startups

Upgrad pulls out of talks to acquire Unacademy

Ronnie Screwvala’s higher-skilling company Upgrad has withdrawn itself from talks to acquire SoftBank-backed test prep startup Unacademy, people familiar with the matter said. The discussions…

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UpGrad in talks with Unacademy investors, no deal yet, says Ronnie Screwvala
Posted in Startups

UpGrad in talks with Unacademy investors, no deal yet, says Ronnie Screwvala

UpGrad co-founder Ronnie Screwvala has told ET that he has held discussions with Unacademy’s investors and co-founders, although no deal is currently ‘on the table.’…

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UpGrad is promoted by film producer-turned-entrepreneur Ronnie Screwvala. (HT)
Posted in Business

UpGrad said to be in talks to buy Unacademy at a fraction of its last valuation| Business News

UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The…

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Unacademy cofounder Sumit Jain appointed chief executive of the test-prep business
Posted in Startups

Unacademy cofounder Sumit Jain appointed chief executive of the test-prep business

Unacademy‘s cofounder Sumit Jain has been appointed as the chief executive of the test-prep business, cofounder Gaurav Munjal said on Wednesday. Jain joined Unacademy after…

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