Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates

Admin3 months ago06 mins

Unacademy, once a one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country. On Sunday, Unacademy co-founder and CEO Gaurav Munjal said in a post on X that the companies had signed a term…

#India’s Physics Wallah raises 0M at .8B valuation even as edtech funding remains scarce

#India’s Physics Wallah raises $210M at $2.8B valuation even as edtech funding remains scarce

Admin2 years ago08 mins

Physics Wallah, an Indian edtech startup, has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the biggest company in the space. Physics Wallah said on Friday the Series B round was led by the hedge fund Hornbill Capital, a venture…