The edtech industry, once a darling of the startup ecosystem, is witnessing seismic shifts as Bengaluru-based Unacademy explores a potential merger with Kota’s famed Allen Career Institute. The deal, if finalized, could value Unacademy at $800 million—a far cry from its peak valuation of $3.4 billion. Here’s a closer look at what this potential consolidation means for the sector.
