JSA advises Unacademy group and its Founders on acquisition by upGrad for approximately USD 206 million

  • Deal
  • September 4, 2026

JSA Advocates and Solicitors (JSA) advised Unacademy and its founders, Gaurav Munjal, Roman Saini, Hemesh Singh and Sumit Jain on the acquisition of Unacademy Group by upGrad Education Private Limited, structured primarily as share swap with an eventual merger of Unacademy into upGrad.

The JSA team was led by Siddharth Manchanda, Partner, with Riya Gupta, Principal Associate; Aparimita Choudhary, Senior Associate; Vaastu Tyagi, Associate; and Aditya Jain, Associate, advising on the transaction.

Other law firms involved in the transaction included Khaitan & Co., River Law, Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas, Bombay Law Chambers, Bharucha & Partners, CMS IndusLaw, Gunderson Dettmer and Fenwick & West.