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Upgrad signs term sheet to acquire Unacademy in all-stock deal
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Edtech giants Upgrad and Unacademy are set to merge in an all-stock deal, a significant consolidation for India's online education sector. Upgrad founder Ronnie Screwvala confirmed the term sheet signing, with Unacademy CEO Gaurav Munjal to continue leading the merged entity. This move signals a new chapter for both companies after a period of market recalibration. What's Your Reaction?
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