"We raised at a peak, but sold at a fraction of that," Unacademy co-founder and CEO Gaurav Munjal wrote. "I'm not going to dress these facts up.
Source: [TechCrunch](https://techcrunch.com/2026/09/01/indias-unacademy-sells-to-rival-upgrad-for-206m-about-94-less-than-its-peak-valuation/)