Edtech consolidation
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The Edtech Duopoly, Nazara’s Expansion Continues & More
Inc42 Media· 2026-03-19 02:30
Inside India’s Edtech DuopolyThe Indian edtech sector is entering its consolidation era. Last week, upGrad signed a deal to acquire Unacademy after a year of stretched deliberations. This has become one of the most significant edtech moves after BYJU’S’ $1 Bn acquisition of Aakash in 2021. Let’s unpack the strategic logic behind the acquisition. upGrad Finds Its Missing Piece: The unicorn spent the past decade building an upskilling stack, but it has always lacked a serious K-12 and test prep engine. Acqui ...