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upGrad to acquire Unacademy in all-stock deal

PRIVATEMar 15, 2026

Acquiring Company

UpGrad

Acquired Company

Unacademy

MumbaiBengaluruEducationE LearningLanguage LearningCorporate TrainingE LearningLanguage Learning

Description

upGrad has signed a term sheet to acquire Unacademy in a 100% share-swap transaction. This move marks a significant consolidation step in the Indian online education sector. Founder and CEO Gaurav Munjal will continue leading Unacademy post-acquisition. The deal is subject to regulatory approvals and expected to close in two to three months.

Quick answer

UpGrad is acquiring Unacademy, announced March 15, 2026. UpGrad is based in Mumbai, Maharashtra, India.

How much did UpGrad pay for Unacademy?
The deal value was not disclosed.
What does UpGrad do?
UpGrad is an online higher education platform that offers courses and programs in various fields.
Where are UpGrad and Unacademy based?
UpGrad is based in Mumbai, Maharashtra, India. Unacademy is based in Bengaluru, Karnataka, India.
Who are the decision-makers at UpGrad?
Fundz holds 1 contact at UpGrad. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

UpGrad

Location

Mumbai, Maharashtra, India

About

UpGrad is an online higher education platform that offers courses and programs in various fields. It partners with universities and industry leaders to provide relevant and high-quality education. The platform focuses on upskilling professionals and enhancing employability.

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Frequently asked

Who acquired Unacademy?

Unacademy was acquired by UpGrad, based in Mumbai. The deal was reported on March 15, 2026. UpGrad is an online higher education platform that offers courses and programs in various fields. It partners with universities and industry leaders to provide relevant and high-quality education. UpGrad is privately held and operates in Education.

When did UpGrad acquire Unacademy?

UpGrad's acquisition of Unacademy was reported on March 15, 2026. upGrad has signed a term sheet to acquire Unacademy in a 100% share-swap transaction. This move marks a significant consolidation step in the Indian online education sector. Founder and CEO Gaurav Munjal will continue leading Unacademy post-acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Unacademy do?

Prepare for examinations and take any number of courses from various topics on Unacademy - an education revolution It is privately held, operating in E Learning, and is based in Bengaluru.

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