CCI Approves Coursera–Udemy Merger Through Chess Merger Sub

The Competition Commission of India (CCI) approved the merger of Chess Merger Sub, a subsidiary of Coursera Inc., with Udemy Inc.

As part of this deal, Udemy will continue to exist but will become a wholly owned subsidiary of Coursera, giving Coursera full control.

The merger is structured so that Coursera shareholders will hold about 59% of the combined company, while Udemy shareholders will hold around 41%.

Both companies operate global online learning platforms, and the approval means the transaction complies with competition laws, though the detailed order from CCI is yet to follow.