Unacademy’s founder says startup is now worth less than $500M, confirms M&A talks
NegativeArtificial Intelligence
- Unacademy’s founder announced that the startup's valuation has plummeted to below $500 million, a significant decline of over 85% from its peak valuation of $3.5 billion during the pandemic. This drop reflects the challenges faced by the edtech sector as it adjusts post-pandemic.
- This development is critical as it indicates a substantial loss of investor confidence and raises concerns about Unacademy’s future growth prospects. The confirmation of merger and acquisition talks suggests that the company is exploring options to stabilize its operations amid a challenging market environment.
— via World Pulse Now AI Editorial System




