Unacademy-upGrad Deal Originated from Audacious 2020 Pitch, Says Ronnie Screwvala

Summary

Ronnie Screwvala revealed that the recent Unacademy-upGrad deal, which closed for $200 million in 2026, originated from an audacious pitch by Gaurav Munjal in 2020 to combine and lead both edtech companies. Despite initial differences in business models, a mutual respect and structural fit between the companies eventually led to the acquisition.