M&A Deal Summary

Unacademy Acquires Prepladder Pvt.

On July 7, 2020, Unacademy acquired education company Prepladder Pvt. for 50M USD

Acquisition Highlights
  • This is Unacademy’s 2nd transaction in the Education sector.
  • This is Unacademy’s largest (disclosed) transaction.
  • This is Unacademy’s 2nd transaction in India.

M&A Deal Summary
Date 2020-07-07
Target Prepladder Pvt.
Sector Education
Buyer(s) Unacademy
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Prepladder Pvt.

Chandigarh, India
PrepLadder is an ed-tech company targeting students preparing for competitive medical exams providing relevant high-quality content to them. PrepLadder was formed in 2015 and is based in Chandigarh, India.

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Buyer(S) 1

Buyer

Unacademy

Bengaluru, India
Category Company
Founded 2015
Sector Education
DESCRIPTION

Unacademy is an online education company. Unacademy educators consist of either students who have cleared various exams or mentors who have teaching experience. Unacademy was founded in 2015 and is based in Bengaluru, India.

DEAL STATS #
Overall 2 of 2
Sector (Education) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (India) 2 of 2
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-26 WiFiStudy

Jaipur, India

WiFiStudy is an online educational and career portal. WiFiStudy is to endow students and job seekers with a common platform to study so that they may get prepared for various competitive exams. WiFiStudy was founded in 2013 and is based in Jaipur, India.

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