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upGrad to acquire Unacademy in all-stock deal

PRIVATEMar 15, 20266 months ago

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.

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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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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?

Chat with educators, ask questions, answer live polls, and get your doubts cleared - all while the class is going on Learning isn't just limited to classes with our practice section, mock tests and lecture notes shared as PDFs for your revision It is privately held, operating in E Learning, and is based in Bengaluru.

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