CCI Clears upGrad’s ₹2,055 Cr All-Stock Acquisition of Unacademy
The regulatory nod moves forward a deal that values Unacademy at a 90% discount to its 2021 peak, capping years of on-off merger talks.
Unacademy
Unacademy’s valuation sinks below $500 million, explores possible acquisition
Unacademy’s valuation has dropped sharply from its pandemic-era peak, with the edtech player now exploring acquisition options as demand shifts back to offline learning and competition intensifies.
Internet Slams Unacademy CEO for Wearing $400 T-Shirt While Freezing Employee Appraisals
While announcing that employees would not receive salary appraisals this year, Munjal wore a $400 Burberry T-shirt.
Jagnoor Singh Departs Unacademy, Gaurav Munjal and Sumit Jain to Lead the Company Forward
Unacademy is undergoing a significant restructuring. The edtech giant's chief operating officer (COO) for offline centers, Jagnoor Singh has also left.
I overestimated the potential of online – says Unacademy CEO Gaurav Munjal
CEO of India's edtech unicorn Unacademy has recently stated that he had overestimated the potential of the online mode of education during Covid.
![Weekly Roundup – Top startup news you ought not to miss [23 Nov – 29 Nov]](https://laffaz.com/wp-content/uploads/2020/11/weekly-startup-news-23-29-nov-768x402.jpeg)
Weekly Roundup – Top startup news you ought not to miss [23 Nov – 29 Nov]
Here’s to this week’s news roundup, featuring the top startup news from MENA and India published on LAFFAZ from 23 Nov to 29 Nov.
Unacademy, India’s edtech unicorn bags undisclosed sum from Tiger Global & Dragoneer
Bengaluru, India-based edtech unicorn startup Unacademy, on Wednesday, raised an undisclosed sum from Tiger Global and Dragoneer.
Unacademy acquires programming platform CodeChef
Bengaluru-based edtech platform Unacademy has reportedly acquired the programming platform CodeChef. Gaurav Munjal, the founder of Unacademy...
Bengaluru-based edtech startup Unacademy acquires Kreatryx
Unacademy that offers online video-based training and live sessions across 30 exam categories in India has acquired another edtech startup Kreatryx
Mumbai-based fintech startup Fintso raises $2.6 Mn funding
The 3-month old Mumbai-based deep-tech PaaS Fintso, that offers a B2B2C solution to the wealth management industry on Wednesday (18 March) raised $2.6 Mn
Unacademy scoops $110 Mn funding from General Atlantic & Facebook
Bengaluru-based edtech startup Unacademy today raised $110 million in a series E round led by US-based General Atlantic and social media behemoth Facebook