From $3.4 billion to $800 million: Unacademy may be looking for a buyer

Edtech firm Unacademy, once valued at $3.4 billion, is reportedly in acquisition talks with Allen Career Institute for $800 million. The deal hinges on approval from Allen's promoters, the Maheshwari family, and finalizing share swap ratios and payouts. If acquired, Unacademy's co-founders are expected to depart.

from Times of India https://ift.tt/1bpVrGq