UpGrad calls off Unacademy deal, cites valuation concerns
Published on: Jan. 8, 2026, 10:24 p.m. | Source: Devdiscourse
Edtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek and SoftBank-backed startup, according to sources. There were no discussions or negotiations around the valuation, but there were mainly business-related challenges because of which the deal could not go through, according to sources.
