Unacademy’s founder says startup is now worth less than $500M, confirms M&A talks

Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores merger and acquisition options. In a detailed note posted on X on Wednesday marking the startup’s 10th anniversary, Unacademy’s CEO Gaurav Munjal said the startup’s valuation has fallen sharply from its$ 3.5 billion peak three years ago to less than $500 million today. He also confirmed the startup is in M&A ...