Business & Markets: India — Today

94% — The valuation haircut on Unacademy's acquisition by upGrad. What was once a $3.4 billion pandemic darling just changed hands for $200 million, marking the starkest reset in India's edtech saga.

Deal Street: Edtech's Big Consolidation

• upGrad acquires Unacademy for $200 million in an all-stock deal — Unacademy CEO Gaurav Munjal stays on to run core verticals, while Ronnie Screwvala gains a K-12 and test-prep foothold plus Airlearn's language-learning...