💨 Abstract

Unacademy, an Indian edtech startup, has seen its valuation plummet to less than $500 million, an 85% drop from its $3.5 billion peak during the pandemic. The company is exploring merger and acquisition options as it faces shrinking demand, increased competition, and internal challenges. The edtech sector in India has struggled post-pandemic, with other startups like Byju’s also facing significant setbacks.

Courtesy: Jagmeet Singh