Unacademy’s Journey: From $3.4B to ALLEN’s $800M Deal
Edtech Shakeup: Unacademy & ALLEN in Talks Unacademy, founded in 2015 once valued at $3.4B, is reportedly in talks for a $800M acquisition by Allen Career Institute. This potential deal highlights the challenges facing India’s edtech sector post-pandemic and the growing shift toward hybrid education models.
ALLEN, founded in 1988 is a coaching giant with decades of success. It aims to strengthen its digital reach and expand its footprint by leveraging Unacademy’s platform and technology.
Is consolidation the future of Indian edtech? The battle between offline legacy and digital innovation could redefine the education landscape.