UpGrad, Unacademy file application with CCI for merger
Published on: May 7, 2026, 7:55 p.m. | Source: The Economic Times
Edtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy in an all-stock deal, valuing the test-prep startup at Rs 2,055 crore, a significant markdown from its 2021 peak. The transaction is anticipated to close in June-July.
