UpGrad-Unacademy Acquisition Talks Collapse Over Valuation Disagreement

• Acquisition discussions between edtech firms UpGrad and Unacademy have failed after months of negotiations.
• The primary reason for the breakdown was a significant disagreement over Unacademy's valuation.
• UpGrad sought to acquire Unacademy for $300-400 million, far below its peak valuation of $3.4 billion.
• UpGrad founder Ronnie Screwvala confirmed the talks ended due to valuation differences, with UpGrad valuing itself at $2 billion.
• Unacademy, with Rs 1,100 crore cash, has been focusing on cost control, halting expansion, and conducting layoffs post-leadership change.

Why It Matters: Edtech giants UpGrad and Unacademy failed to agree on valuation, ending their acquisition talks.