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UNACADEMY GROUP
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...
- MS Dhoni, Bumrah, Pandya and others put $11 million in LightFuryGaming startup LightFury Games has secured $11 million in funding, including investments from Indian cricketers like MS Dhoni, Jasprit Bumr...
- Unacademy elevates Jagnoor Singh as COO of offline centres businessSingh was Unacademy group’s chief business officer for a little over two years. The reorganisation comes in a series of top-deck changes at...
- Unacademy elevates Sumit Jain to cofounder statusJain joined Unacademy in April 2020 and cofounded the firm’s Graphy division which allows educators and creators to launch their own online...
- Unacademy-run Relevel lays off 40 employeesIn an internal memo, Gaurav Munjal, Unacademy's Co-Founder and CEO, said that almost 80 per cent of Relevel's remaining team will be absorb...
- Next year will be worse for tech than 2022: Unacademy's Gaurav MunjalGaurav Munjal's edtech startup also sacked as many as 350 employees recently in a bid to reduce costs and turn a profit
- Unacademy CMO Karan Shroff quits firmShroff took to Linkedin to announce his departure after a three-year stint at the edtech startup.
- Unacademy's PrepLadder lays off 2.6% of its workforceUnacademy had acquired Chandigarh-based PrepLadder, a leading post-graduate medical entrance exam preparation platform, for $50 million in ...
- Unacademy acquires online learning platform SwiflearnThe acquisition is in line with Unacademy's plans to strengthen its position in the K-12 category and optimise its product offerings in the...
- Unacademy shuts Mastree after a year of acquisitionUnacademy had invested $5 million in Mastree in July last year as it wanted to strengthen its presence in the K-12 learning space. Mastree ...
- Unacademy in talks to invest in school chain OrchidWith this move, the edtech startup will enter the K-12 segment where Byju's dominates
- Unacademy acquires live game streaming platform Rheo TVThe Bengaluru-based edtech startup will fully acquire Rheo TV, and enable the exit of all existing investors.
- Unacademy acquires majority stake in TapChiefTapChief is Unacademy’s seventh acquisition in the past 12 months, and will enable the edtech startup to build Unacademy Pro.
- Unacademy acquires test preparation startup CoursavyThis is Unacademy’s fourth acquisition this year, after Kreatryx, PrepLadder and more recently CodeChef.
- Unacademy takes majority stake in Mastree for $5 millionThe startup, founded by Shrey Goyal and Royal Jain, is building an online subscription service for STEAM courses for students in grades 5-8.
- Unacademy buys PrepLadder for $50m in cash & stock dealThe entire 250-member team of the postgraduate medical entrance exam preparation platform will join the Unacademy Group, including founders...
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