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Big: Unacademy merging with Orchid Schools in a 50-50 merger
5mo ago37K views
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Curated from across
Damn, this is like the entire offline education fraternity playing uno reverse post Byju<>Aakash fuckery
Karma is real🫣
E tuition is becoming a brick and mortar tuition center. So much for that so called innovative startups. But am happy its going down the drain.
What’s orchid schools? Never heard .. I thought unacademy is a big org? Was it just a house of cards?
It is a large national chain of schools
Oh nice .. will check out thanks .. finally schools merging with coaching .. What can go wrong 😑
This is crazy
Out of nowhere, after some recent rumours here of acquisition
I wonder what the valuation is. But Unacademy = K12 Education after all these years
Check out this for more context: https://themorningcontext.com/internet/unacademy-is-up-for-sale-merger-or-bailout
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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 dollar...
Fresh round of layoffs in Unacademy and 250 people have been let go.
Kept waffling about he’s going to revolutionize the Edutech space and how they’re different from Byju’s. They’re all the same.
