UpGrad's chief product officer quits amid $400 million Unacademy acquisition talks
Ankur Dhawan, UpGrad's Chief Product and Technology Officer, has called it quits just as the company is in advanced talks to acquire Unacademy's test-prep business.
Dhawan joined UpGrad in 2020 and moved up to lead product and tech by 2024, helping drive the company's digital learning push.
Proposed Unacademy acquisition marks a significant shift for upGrad
UpGrad is in advanced talks to acquire Unacademy's test-prep arm for about $400 million—a big shift, since Unacademy was valued at $3.44 billion back in 2021.
The proposed deal could see AirLearn spun out from Unacademy and bring its test-prep centers under UpGrad, all part of a strategy to boost their higher education game.
With edtech companies facing tough times lately, this shake-up could signal more changes ahead—while UpGrad still hasn't named who'll fill Dhawan's shoes.