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
China welcomes investment from Singapore's Temasek, Vice Premier He saysIn a meeting with Temasek Chairperson Teo Chee Hean on Sunday, He said China will continue to expand and upgrade its market, and that the ...
23 Mar, 2026, 09.09 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 eyes Asia expansion as US campuses lose appealIndian edtech firm upGrad is expanding university tie-ups in the Middle East and Asia-Pacific as fewer Indian students head to the U.S. and...
18 Sep, 2025, 03.13 PM IST
Upgrad's Gaurav Kumar exits edtech company to start own ventureKumar, who was with UpGrad for a little over five years, told ET that he left to pursue his own venture, also in the education space. He wo...
26 Nov, 2024, 07.59 AM IST
Upgrad secures $60 million from Temasek at $2.25 billion valuationTemasek, Singapore's sovereign wealth fund, has invested an additional $60 million into Upgrad, maintaining the higher education and upskil...
21 Oct, 2024, 10.24 AM IST
Upgrad in talks for $100 million to close US edtech Udacity buyUpgrad founder Ronnie Screwvala, who owns 22.4% in Upgrad, likely to participate in $100 million round. The company has pitched to external...
15 Jan, 2024, 08.26 AM IST
upGrad raises $36.4 million through rights issue from Ronnie Screwvala, Temasek, othersWhile Screwvala contributed Rs 212 crore ($25.7 million), Temasek infused Rs 81 crore ($9.8 million). The undisclosed set of minority share...
29 Mar, 2023, 01.18 PM IST
Singapore's Temasek may slow India play to ride out stormTemasek, which deployed over $1 billion in the country last year and counts new-age businesses, said returns for the latest fiscal year are...
14 Jul, 2022, 10.31 PM IST
Temasek to anchor InfoEdge funds, to put half of corpusInfoEdge, an early backer of food delivery app Zomato and online insurance aggregator PolicyBazaar, takes initial bets in companies and bac...
28 Apr, 2022, 10.54 PM IST
upGrad enters unicorn club after funding from Temasek, IFC, IIFLEdtech startup upGrad, which competes with Byju’s and Unacademy, has closed a $185-million funding round at a valuation of $1.2 billion, th...
09 Aug, 2021, 07.32 PM IST
Temasek, IFC buy out Upgrad Esops worth Rs 220 croreUpgrad had last week said the company would grow by acquisitions and had created a $250 million war chest for the same and the first two de...
14 Jul, 2021, 02.41 AM IST
UpGrad earmarks $250 million for mergers and acquisitions over next 7-9 monthsThe Mumbai-based company had raised $120 million in April from Singapore's sovereign fund Temasek
07 Jul, 2021, 06.48 PM IST
upGrad in talks to raise $40 million at $850 million valuationSingapore’s sovereign fund Temasek wrote a cheque of $120 million as upGrad’s first external investor this week.
30 Apr, 2021, 08.56 AM IST
UpGrad raises $120 million from Temasek at $575-675 million valuationThe online education segment, both K-12 and higher education, has seen a large rush of risk capital following the Covid-19 epidemic.
26 Apr, 2021, 08.55 AM IST