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Unacademy CEO Says Raised at Peak Sold at Fraction · Digg

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Unacademy CEO Says Raised at Peak Sold at Fraction

Unacademy co-founder and CEO Gaurav Munjal commented on the company's sale to rival UpGrad.

Unacademy co-founder and CEO Gaurav Munjal posted that the edtech company raised funds at a market high but sold to UpGrad at a fraction of that value. He stated he would not dress up the facts. Business Today and TechCrunch both reported the statements alongside coverage of the acquisition. The posts quote Munjal directly regarding the outcome of the transaction.

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43.3K

3 posts, first seen 5d ago

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Unacademy CEO Says Raised at Peak Sold at Fraction

Unacademy co-founder and CEO Gaurav Munjal commented on the company's sale to rival UpGrad.

Unacademy co-founder and CEO Gaurav Munjal posted that the edtech company raised funds at a market high but sold to UpGrad at a fraction of that value. He stated he would not dress up the facts. Business Today and TechCrunch both reported the statements alongside coverage of the acquisition. The posts quote Munjal directly regarding the outcome of the transaction.

Posts from X

3 posts

BT
Business Today@business_today 5 days ago
#TechToday | 'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn-to-$200 mn UpGrad deal https://ow.ly/aCuN106E1Hi
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn to $200 mn UpGrad deal - BusinessTodayFrom businesstoday.in
- likes: 4
- replies: 1
- bookmarks: 0
- reposts: 0
BT
Business Today@business_today 5 days ago
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn-to-$200 mn UpGrad deal https://ow.ly/aCuN106E1Hi
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn to $200 mn UpGrad deal - BusinessTodayFrom businesstoday.in
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 0
TE
TechCrunch@TechCrunch 5 days ago
"We raised at a peak, but sold at a fraction of that," Unacademy co-founder and CEO Gaurav Munjal wrote. "I'm not going to dress these facts up." https://spr.ly/6010B1AL1e
India's Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation | TechCrunchFrom techcrunch.com
- likes: 35
- replies: 5
- bookmarks: 5
- reposts: 5

Combined views

43.3K

3 posts, first seen 5d ago

40 likes6 comments5 saves5 reposts

Posts from X

3 posts

BT
Business Today@business_today 5 days ago
#TechToday | 'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn-to-$200 mn UpGrad deal https://ow.ly/aCuN106E1Hi
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn to $200 mn UpGrad deal - BusinessTodayFrom businesstoday.in
- likes: 4
- replies: 1
- bookmarks: 0
- reposts: 0
BT
Business Today@business_today 5 days ago
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn-to-$200 mn UpGrad deal https://ow.ly/aCuN106E1Hi
'We raised at a peak, but sold at a fraction': Unacademy CEO on $3.44 bn to $200 mn UpGrad deal - BusinessTodayFrom businesstoday.in
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 0
TE
TechCrunch@TechCrunch 5 days ago
"We raised at a peak, but sold at a fraction of that," Unacademy co-founder and CEO Gaurav Munjal wrote. "I'm not going to dress these facts up." https://spr.ly/6010B1AL1e
India's Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation | TechCrunchFrom techcrunch.com
- likes: 35
- replies: 5
- bookmarks: 5
- reposts: 5