Unacademy, once a one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country. On Sunday, Unacademy co-founder and CEO Gaurav Munjal said in a post on X that the companies had signed a term sheet for upGrad to acquire Unacademy in a 100% share-swap deal, adding that the valuation would not be disclosed until the transaction closes. The announcement comes more than three month...