TECH NEWS

upGrad Gets CCI Approval for Unacademy Acquisition

The Competition Commission of India (CCI) has approved upGrad's proposed acquisition of Unacademy, removing a key regulatory hurdle for one of the sector's largest merger deals in recent years.

CCI approved the transaction under Section 31(1) of the Competition Act, 2002, covering upGrad's acquisition of a stake in Sorting Hat Technologies Private Limited, Unacademy's parent company, and the subsequent merger of Sorting Hat into upGrad Education. A detailed order from the regulator is expected to follow.

The acquisition was first announced in April and later submitted for CCI approval in May. Structured as an all-share transaction, the deal is expected to value Unacademy at around ₹2,055 crore (approximately $218 million), a sharp correction from the company's $3.4 billion valuation in 2021, when India's edtech sector was at its pandemic-era peak.

A Strategic Expansion for upGrad

The acquisition significantly broadens upGrad's presence beyond higher education, university partnerships and study-abroad services into...

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One of the best 2-in-1 Chromebooks is almost $200 off for today only

Cameron Faulkner is an editor covering deals and gaming hardware. He joined in 2018, and after a two-year stint at Polygon, he rejoined The Verge in May 2025. Most Chromebooks ship with only 8GB of RAM, which is enough for some people, but certainly not enough for me. Multitaskers who

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Tesla’s car door defect could lead to tougher rules for everyone

Tesla’s electronic door handles that have been linked to several deaths could lead to tougher safety rules for the entire auto industry. In a notice published today, the National Highway Traffic Safety Administration said that complaints about Tesla’s mechanical door release don’t warrant a defect investigation. Instead,

Bluesky’s AI assistant Attie expands into an open social research tool

Attie, Bluesky’s AI assistant that lets you build custom social feeds without programming, is evolving into an open-ended research tool. The company this week said it’s added a new feature to the AI assistant, called Quests, that lets users ask it for information and news spreading across the

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Rivian sues the US government for ‘full refund’ of Trump tariffs

Rivian has filed a lawsuit against the U.S. government in an attempt to claw back a “full refund” on tariffs it paid under President Trump’s “Liberation Day” taxes, which the Supreme Court later ruled unconstitutional. The automaker joins a long line of companies seeking such refunds. In April,

A Strategic Expansion for upGrad

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One of the best 2-in-1 Chromebooks is almost $200 off for today only

Tesla’s car door defect could lead to tougher rules for everyone

Bluesky’s AI assistant Attie expands into an open social research tool

Rivian sues the US government for ‘full refund’ of Trump tariffs