India, Sept. 2 -- Unacademy Joins The upGrad Campus

After months of negotiations and regulatory approvals, upGrad has officially completed the acquisition of rival Unacademy in a deal valued at just over $200 Mn, a 94% drop from the latter's peak $3.5 Bn valuation in 2021. So, can the combined entity unlock real value?

Strategic Fit For upGrad: The acquisition gives upGrad, which focuses on upskilling, a foothold in K-12 and competitive exam preparation. Beyond test prep, CEO Ronnie Screwvala also highlighted Unacademy's tech stack, brand equity and the global potential of its language-learning app, Airlearn, as key drivers for the acquisition.

The Upside For Unacademy: For the troubled edtech platform, combining forces with upGrad off...