MAM
Hindi GECs prepare for big action in October
MUMBAI: The pecking order of the Hindi general entertainment channel (GEC) genre, which has remained unscathed since the launch of KBC (Kaun Banega Crorepati) on Sony Entertainment Television (Set), is expected to shake up once again after two weeks.
As per TAM data for the week ended 24 September (HSM, C&S, 4+ years), Star Plus continues to lead (289 GRPs) with Set in hot pursuit (270 GRPs). At the same time, the gap between Set and number three player Colors (211 GRPs) has widened to 59 GRPs.
However, the order might change soon as the GECs are either going to launch new shows or are tweaking their programming – some are even doing both.
Colors, for instance, is launching its big-ticket reality show Bigg Boss 5, starting 2 October. The show will this time have two hosts – Salman khan and Sanjay Dutt – to pull audiences. The channel at the same time is axing its non-performing show Mukti Bandhan while Laagi Tujhse Lagan and Na Aana Is Des Laado, two primetime shows, are being pushed to afternoon slots.
Meanwhile, Star Plus’ dance reality show Just Dance is coming to an end on 1 October and will be replaced by the second season of MasterChef India sans Akshay Kumar.
Set is also beefing up its primetime. So far the channel is having a dream run with KBC, which is giving it an average weekly TVR of 5.4. It will launch a romantic drama show, Kuch To Log Kahenge, an adaptation of Pakistani television drama Dhoop Kinare, starting 3 October. Notably, Set’s dependence on non-fiction has dramatically come down and more dailies are getting good eyeballs for the channel. These include Bade Acche Lagte Hain, Crime Petrol and Saas Bina Sasural. With Kuchh Toh…, the channel is expecting a similar response.
Zee TV is aunching a new reality show, Star Ya Rockstar, after the completion of Saregamapa L’il Champs. Zee TV will also be launching a couple of fiction shows in October.
Even Sab, which is hoping to cross 200 GRPs by end of the fiscal, is axing its non-performing show Ammaji ki Gali and replacing it with the male-protagonist show – Don’t Worry Chachu.
At present, Zee TV has settled at number four and closed the week with 176 GRPs, ahead of Sab (123 GRPs). Imagine TV registered 78 GRPs followed by Star one and Sahara One with 39 and 33 GRPs respectively.
Brands
UpGrad to acquire Unacademy in share-swap deal, founders confirm
Proposed share-swap could unite two edtech rivals as sector eyes consolidation
MUMBAI: The Indian edtech sector may be inching toward another wave of consolidation, with online learning platform upGrad signing a term sheet to acquire rival Unacademy in an all stock transaction.
If completed, the deal would bring together two of the country’s most prominent education technology companies at a time when the sector is adjusting to slower demand and a sharper focus on profitability after the pandemic driven boom.
UpGrad founder and chairperson Ronnie Screwvala confirmed the development in a post on X, stating that Unacademy co-founder and chief executive Gaurav Munjal would continue to lead the company following the acquisition.
“We at upGrad have signed a term sheet to acquire Unacademy in an all stock deal, with founder and ceo Gaurav Munjal staying on to build Unacademy and focus on what it does best, creating online education products that learners love,” Screwvala wrote.
He added that the agreement includes a break fee provision if the transaction fails to close. Screwvala also said the combined entity could strengthen upGrad’s integrated learning model spanning K12 education, professional training and lifelong learning.
Unacademy confirmed that the proposed transaction will be executed through a 100 per cent share swap, with the valuation to be disclosed only after the deal closes and regulatory filings are completed.
Announcing the development on X, Munjal described the agreement as the beginning of a new chapter for both companies and the wider edtech ecosystem.
He noted that Unacademy had spent the past year reshaping its operations to focus more sharply on online education products. Among the steps taken were consolidating company operated offline centres with franchise partners and launching a Rs 50 crore employee stock ownership plan buyback, in which around 40 per cent of former employees have already participated.
Munjal also highlighted the traction gained by Airlearn, the company’s language learning product, which he said is expanding in markets including the United States, the United Kingdom, Germany and Canada.
“Our cash reserves as of today are more than $100 million,” he said.
The proposed deal also marks a turnaround from earlier talks between the two companies that had stalled over disagreements on valuation and structure. Previous discussions had placed Unacademy’s valuation in the range of $300 million to $400 million, according to media reports.
If the transaction goes through, Munjal will continue as co-founder and chief executive of Unacademy, focusing on building online learning products for students in India and global markets.
For upGrad, the acquisition would broaden its footprint across the education spectrum, from school level learning to professional upskilling and lifelong education.
The move comes as India’s edtech sector enters a more sober phase after years of rapid expansion. Companies across the industry have been trimming costs, restructuring operations and seeking scale to build more sustainable businesses.
Against that backdrop, the potential combination of upGrad and Unacademy could signal that the next phase of edtech growth may be driven less by blitzscaling and more by strategic partnerships and consolidation.
