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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

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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?
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Elon_Musk

X.com

a year ago

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
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shpinq

US Based MNC, India location

a year ago

What a BIG fall it will be!! UnAcademy guy left IAS started UnAcademy only to have it merged like this!🤷‍♂️
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Gokart

Stealth

a year ago

This is false news
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Unacademy getting acquired?

PREVIOUS POST GOT DELETED! Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars But founder Gaurav Munjal said they have 200 Million in bank. Getting confused - Is this a repeat of Byju 2.0? They have fired the CTO and co-founder Hemesh Singh and Roman Saini ( other co-founder) is also not seen anywhere I am worried if more people are to be laid off? More information in comments sourced via a friend

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by ThinExample2

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Big: Unacademy merging with Orchid Schools in a 50-50 merger

https://entrackr.com/2024/06/exclusive-unacademy-in-talks-to-merge-with-orchid-schools-owner-k12-techno/

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by OurSavior

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Unacademy is up for sale!

Check out this for more context: https://themorningcontext.com/internet/unacademy-is-up-for-sale-merger-or-bailout

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by Twixted

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No merger between byju akash and unacademy

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Indian Startups on

by AcidicMop

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Unacademy is up for sale

I don't understand, the sector that makes sureshot money on small and medium scale is continuously failing on pan India scale. A small IIT coaching in Patna with 2 centres generates profit in crores but these Byjus and Unacademy are not really able to do anything significant in long run.

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Indian Startups on

by DingDong

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Unacademy in bad shape

Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars But founder Gaurav Munjal said they have 200 Million in the bank. Getting confused - Is this a repeat of Byju 2.0? They have fired the CTO and co-founder Hemesh Singh and Roman Saini ( other co-founder) is also not seen anywhere I am worried if more people are to be laid off?