2025 Year in Review: IPO, offline push and M&As change maths for test-prep sector

India’s test-preparation segment stayed resilient in 2025 even as large parts of edtech grappled with post-pandemic fatigue, ...
YourStory

Immediate tax, uncertain returns: Unravelling the Unacademy ESOP shock

Unacademy’s ESOP move asks former employees to exercise options now, triggering tax today for a chance, not a guarantee, of ...
The Financial Express

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.
YourStory

When ESOPs turn real: what the Unacademy moment means for startups

More than one company’s decision, the Unacademy episode is a sectoral stress test highlighting the need for more specific ...
Mint

UpGrad in talks to acquire Unacademy in $300–400 million deal: Report

Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
moneycontrol.com

Unacademy’s losses nearly double to Rs 2,848 crore in FY22 on higher ESOP costs

Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh. SoftBank-backed Unacademy’s losses nearly doubled in FY22 (2021-22) as the edtech startup’s ESOP (employee stock ownership plan) costs ...