Delhivery grants 1 lakh stock options to employeesDelhivery has granted over 1 lakh stock options to employees under its ESOP 2012, effective May 1. The options, exercisable at Re 1, will v...
05 May, 2026, 10.35 AM IST
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
05 May, 2026, 12.02 AM IST
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
04 May, 2026, 07.41 AM IST
IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
23 Apr, 2026, 07.47 AM IST
Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock dealHigher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaura...
15 Mar, 2026, 09.59 PM IST
Unacademy rolls out Rs 50 crore Esop buyback; employees to receive big payoutsUnacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuatio...
27 Feb, 2026, 06.01 PM IST
UpGrad pulls out of talks to acquire Unacademy over valuation differencesThe discussions stalled due to differing valuation expectations between the two sides. “The deal talks were officially called off today. Th...
08 Jan, 2026, 08.56 PM IST
Unacademy rolls back Esop changes for former employeesPer the reinstated policy, former employees now have up to 10 years to purchase the stock options earned during their tenure. The test prep...
06 Jan, 2026, 09.28 AM IST
Unacademy cuts Esop exercise window for former employees to 30 daysEarlier, departing employees had up to 10 years to exercise the stock options they earned during their tenure. However, the Bengaluru-based...
20 Dec, 2025, 09.16 PM IST
Unacademy hives off 2020 acquisition CodeChefUnacademy will hold only a 30% stake as an investor in CodeChef, which will now function as an independent business being run by its curren...
29 Mar, 2023, 04.40 PM IST
Unacademy cancels cash appraisals; staffers will be rewarded with stock optionsUnacademy’s cofounder and CEO Gaurav Munjal on Thursday told employees that appraisals for the financial year ended March 2023 stand cancel...
02 Feb, 2023, 09.33 PM IST
Unacademy cuts another 350 jobs in second round of layoffsUnacademy CEO Gaurav Munjal said employees being laid off will receive severance pay equivalent of their notice period and an additional tw...
07 Nov, 2022, 10.53 PM IST
Unacademy acquires Gate Academy, launches 50 YouTube education channelsUmesh Dhande, the founder and a director at GATE Academy, will join Unacademy as its vice president, academics, GATE and ESE, the company s...
06 Sep, 2022, 12.12 AM IST
Unacademy CMO Karan Shroff quits firmShroff took to Linkedin to announce his departure after a three-year stint at the edtech startup.
01 Sep, 2022, 07.37 PM IST
Edtech unicorn Unacademy’s consolidated loss widens to Rs 1,474 crore in FY21Unacademy's revenue from operations rose to Rs 337 crore in FY21 from Rs 65 crore in the previous fiscal year.
25 Jun, 2022, 12.16 AM IST
Unacademy's PrepLadder lays off 2.6% of its workforceUnacademy had acquired Chandigarh-based PrepLadder, a leading post-graduate medical entrance exam preparation platform, for $50 million in ...
18 Jun, 2022, 03.12 PM IST
Unacademy plans to launch Rs 30 crore-ESOP buyback offerThe edutech space has seen strong growth globally with the COVID-19 pandemic serving as an inflection point, with rapid growth seen in the ...
15 Oct, 2020, 04.11 PM IST