UpGrad in talks to acquire Unacademy’s test-prep business valued at $300–400 million: Report

UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.

Financialexpress.com couldn’t verify the news independently.

According to the Moneycontrol report, the potential valuation represents a sharp drop from Unacademy’s last publicly known valuation of $3.44 billion back in 2021.