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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...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock dealHigher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaura...
Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal: sourcesThe Bengaluru-based Unacademy, valued at $3.4 billion in 2021, will likely be merged with Allen; founders expected to exit. The edtech comp...
How Unacademy board tweaked targets for founders’ voting rightsEdtech unicorn Unacademy has changed the target for its cofounders Gaurav Munjal and Hemesh Singh to access additional voting rights throug...
Relevel to pivot to test products and NextLevel, Gaurav Munjal tells employeesLaunched on Tuesday, NextLevel competes with professional networking platform Linkedin and aims to help individuals be a part of a rating s...
What’s next for Unacademy as it slashes 1,000 jobs in a massive cost-cutting exerciseAccording to people aware of the matter, out of the 1,000 employees who have been fired in the past few weeks, about 300 were educators on ...
Unacademy’s Graphy acquires edtech startup Spayee for $25 millionThe acquisition will strengthen Graphy’s position in the creator ecosystem, while increasing its reach and enabling it to optimise its prod...
Unacademy allocates $20 million to group firm Relevel"The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company p...
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 ...
Dragoneer, Zeta’s Bhavin Turakhia participated in Unacademy’s latest funding roundBhavin Turakhia — who made his first ever startup investment — and existing investor Dragoneer together put in $10 million in Unacademy’s $...
Unacademy valued at $3.4 bn post new funding, will diversify beyond edtech: CEO Gaurav MunjalUnacademy’s cofounder Gaurav Munjal plans to use the new funding to build new lines of business in segments such as jobs and hiring, where ...
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.
Unicorns, soonicorns on a hiring spree as Covid-19 accelerates digital adoptionDuring the pandemic, the unicorns offered jobs to more than 45,000 people, while soonicorns hired nearly 20,000.
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 gets $11.5 million from Sequoia, SAIFThe company will also significantly invest in producing its own know ledge-based content with educators on the platform.
Unacademy content with Rs 30 crore in Series A funding"We will invest in technology and how to scale through technology. Secondly, we want to get the best educators. In the near future, we aim ...
Online learning portal Unacademy raises Rs 30 crore led by Nexus Venture Partners and Blume VenturesGirish Mathrubootham, CEO of Freshdesk and Ananth Narayanan, CEO of Myntra along with Stanford Angels have also participated in the round.