CCI Approves upGrad's Acquisition of Unacademy Under Section 31(1) of the Competition Act

The Competition Commission of India approved upGrad's acquisition of Unacademy parent Sorting Hat Technologies in a meeting on 7 July 2026, clearing the key regulatory hurdle for an all-stock deal that values Unacademy at roughly ₹2,055 crore ($218 mn) — a reported 90% discount to its 2021 peak of $3.4 bn, per Inc42 (7 Jul). A combined upGrad–Unacademy entity spanning test prep (UPSC, JEE, NEET, GATE), higher education, and professional upskilling creates a platform gap: mid-market vernacular and Tier-2 test-prep builders should move fast before the merged entity rationalises pricing and locks distribution.

Source: YourStory ↗