Unacademy to merge with Byjus Akash
This is a short cut for Unacademy to go for an IPO
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!🤷♂️
This is false news
Unacademy getting acquired?
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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...
Allen to buy Unacademy for $800Mn
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Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 million
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Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 mi...