This research is identifying and compares the impact of digital transformation on academicians' well-being in public and private Indian universities. To initiate the research, one exogenous construct namely 'virtual transformation in higher education,' and two endogenous constructs called 'workplace well-being' and 'psychological well-being' of academicians have been identified. The data has collected from 395 respondents segregated into academicians from 213 public and 182 private Indian universities. Research hypotheses are developed to find the significant difference among academicians of public and private universities with regard to the impact of virtual transformation on their wellbeing. The Multigroup Analysis (MGA) technique of PLS-SEM has been used to investigate the result. It has been revealed that although the overall association is negative between virtual transformation and academicians' well-being, this negative association also has a significant difference when compared among public and private universities in India.