Tag: Unacademy
India’s Vedantu not in talks to sell to Byju’s, top exec says
Indian online learning platform Vedantu is not in talks to sell the firm to edtech giant Byju’s, a top executive said on Friday. A report on Friday by Indian news outlet Entrackr said Byju’s had offered $700 million to $800 million to acquire Bangalore-based Vedantu, which counts Accel and GGV…
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Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise
Unacademy has raised $440 million in a new financing round as the Indian online learning startup looks to expand into multiple additional categories. Temasek led the Bangalore-based startup’s new financing round while Mirae Asset and existing investors including SoftBank Vision Fund 2, General Atlantic, Tiger Global as well as Zomato…
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Indian online learning giant Unacademy in talks to acquire Rheo TV
Indian online learning platform Unacademy is in advanced talks to acquire Rheo TV, a less than two-year-old startup founded by two former Unacademy employees, according to three sources familiar with the matter. The current deal values Rheo TV, a startup that has built a platform to help professional game streamers…
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Indian startups raised $9.3 billion in 2020
The coronavirus pandemic — and a handful of other factors — slowed dealmaking for startups in India this year. Compared to their record $14.5 billion fundraise last year, Indian startups are ending 2020 with about $9.3 billion. This is the first time since 2016 that startups in India, one of…
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Indian education startup Byju’s is fundraising at a $10B valuation
Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part…
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Google employee in Bangalore tests positive for coronavirus
Google said on Thursday that an employee at its office in Bangalore, India has tested positive for the COVID-19 coronavirus and the firm has asked all the other employees in that office to work from home on Friday out of abundance of caution. “We can confirm that an employee from…
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