Earlier talks between UpGrad and Unacademy over a possible acquisition broke down after the two sides could not agree on valuation. The discussions, which centred on folding Unacademy into UpGrad, ended without a deal at that stage. The gap over how much Unacademy was worth was the main sticking point, coming as edtech valuations across India had cooled sharply.
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Credit: The Times of India