Yeh deal isliye bhi interesting hai kyunki Unacademy ka valuation jab 2021 mein $3.4 billion tha, usse abhi 90% neeche aa gaya hai. Matlab, company ab ₹2,055 crore ($218 million) mein acquire ho rahi hai. Is itne bade drop ka reason hai Edtech sector mein badhta competition aur mushkil funding environment.
Lekin upGrad ke liye sabse bada attraction pata hai kya hai? Unacademy ke paas jo cash reserves hain, lagbhag ₹900 se ₹950 crore! Yeh funds deal ko aur attractive bana rahe hain. Abhi bas binding agreements hone baki hain aur Competition Commission of India (CCI) se approval milne ka intezaar hai, jo issi hafte apply karne ki planning hai.
Deal hone ke baad, Unacademy ke co-founder Gaurav Munjal CEO bane rahenge. Unka kehna hai ki future mein AI bahut bada role play karne wali hai. Yeh acquisition India ke competitive Edtech market mein consolidation ka ek bada step hai, jahan companies scale aur efficiency dhoondh rahi hain.
Unacademy ne pehle bhi bahut funding raise ki hai, lagbhag $830 se $880 million tak, jisme Temasek, Peak XV Partners jaise bade investors hain. Wahi, upGrad ne ab tak $330 million raise kiye hain aur uska valuation $2 billion ke aas-paas hai. Interesting baat yeh hai ki Temasek dono companies mein investor hai! Aur upGrad khud bhi apne current backers se ₹375 crore ki internal funding raise karne ki baat kar raha hai.
