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upGrad to acquire Unacademy for Rs 1,955 crore

PRIVATEAug 18, 2026•about 4 hours ago

Acquiring Company

upGrad

Acquired Company

Unacademy

BengaluruE LearningLanguage Learning

Description

upGrad is set to acquire Unacademy in a major consolidation move valued at around Rs 1,955 crore. This acquisition aims to integrate Unacademy’s test preparation and medical education platforms with upGrad’s higher education and skilling services. The deal is expected to close within weeks, enhancing upGrad's growth potential in India and global markets.

Company Information

Company

upGrad

About

upGrad is a pioneer in the online education revolution, changing the lives of millions for the better by “Powering career success for every member of the global workforce as their trusted lifelong learning partner.” Co-Founded by one of the world’s most impactful entrepreneurs, Ronnie Screwvala along with Mayank Kumar and Phalgun Kompalli, upGrad has impacted over 1 million total registered learners over 50+ countries. upGrad, Asia’s higher EdTech leader, uniquely drives deep learning for the real world, by creating original content harnessing industry experts across the globe and offers learners a hyper-personalized, comprehensive one stop solution, combining the power of its proprietary AI driven technology platform with its army of counsellors who handhold learners for the entire duration of their course. To provide the best university quality education, upGrad brings together the world’s leading universities, faculty & industry experts on an integrated digital platform, delivering an immersive experience with full flexibility to study at one’s own pace. upGrad’s ever expanding roster of leading global universities include Duke Corporate Education (US), Michigan State University (US), Liverpool John Moores University (UK), Deakin Business School (Australia), Swiss School of Business Management, (Geneva), IIT Madras (India), IIM Kozhikode (India). upGrad’s alumni base is employed by blue chip organizations like Gojek, PayTM, Gartner, Flipkart (Walmart-acquired), Accenture, and E&Y. upGrad is #1, LinkedIn Top Startups India 2020 and is in Top 50 of the FT Asia-Pacific High-Growth Companies 2021 and the GSV Global EdTech 50.

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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. The deal was reported on August 18, 2026. upGrad is privately held.

When did upGrad acquire Unacademy?

upGrad's acquisition of Unacademy was reported on August 18, 2026. upGrad is set to acquire Unacademy in a major consolidation move valued at around Rs 1,955 crore. This acquisition aims to integrate Unacademy’s test preparation and medical education platforms with upGrad’s higher education and skilling services. 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.