UpGrad signs term sheet to acquire Unacademy in all-stock deal; Gaurav Munjal to remain CEO

The companies will combine through a 100% share swap, with the valuation to be disclosed only after the deal closes, founders Ronnie Screwvala and Gaurav Munjal said.

Mar 15, 2026 - 22:00
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UpGrad signs term sheet to acquire Unacademy in all-stock deal; Gaurav Munjal to remain CEO
The companies will combine through a 100% share swap, with the valuation to be disclosed only after the deal closes, founders Ronnie Screwvala and Gaurav Munjal said.

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