Unacademy to merge with Byjus Akash
https://www.moneycontrol.com/news/business/startup/softbank-backed-unacademy-explores-merger-with-byjus-owned-aakash-10301111.html/amp This is a short cut for Unacademy to go for an IPO
incognito
Stealth
a year ago
Because two cash burning monstrosities are more valuable than one?
I don't get this deal at all, can anyone here make sense of it?
Probably trying to convince investors that together they are worth a large piece of India's edtech market and that they should do one last ride one more time like it's some fast and furious shitshow
What a BIG fall it will be!! UnAcademy guy left IAS started UnAcademy only to have it merged like this!🤷♂️
Gokart
Stealth
a year ago
This is false news
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A merger with Aakash would have given Unacademy a shot at making a go of it in offline coaching. Without it, Munjal’s task of keeping his co...
https://themorningcontext.com/internet/byjus-is-in-no-rush-to-save-gaurav-munjals-unacademy