upGrad acquires Unacademy

David Najork · Founding Software Engineer

Published Apr 29, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

—

Target

Unacademy

Domlur, Karnataka

Acquirer

upGrad

Full Acquisition

Status

Pending

upGrad agreed to acquire Unacademy. Reported deal value: Undisclosed. Status: Pending. Sector: Edtech. Target headquarters context: Domlur, Karnataka, India.

This page summarizes publicly available information about the transaction as of 2026-03-15. Figures and status may change as filings and press coverage update.

Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India struggling online education sector.We at upGrad have signed a term sheet to acquire Unacademy in an all- stock deal , with Founder and CEO Gaurav Munjal staying on to build Unacademy and focus on what it does best,” upGrad chairman Ronnie Screwvala said in a post on X on Sunday.The companies have also agreed on a break fee if the deal does not close, he added

Deal timeline

Announced

Mar 15, 2026 · livemint.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Edtech. Figures and status may change as sources update.

Sources: livemint.com · Primary article · FireStrike proprietary index