Online higher education platform upGrad has acquired Impartus, a video-learning solutions provider, for ₹150 crore, in a cash and stocks deal as it looks to distribute its courses to colleges and other educational...
Competitive exam preparation platform TargetRBI merges with ixamBee
Online learning platform, ixamBee, on Wednesday announced that it will be merging with competitive exams coaching provider, TargetRBI. Following this merger, ixamBee aims to strengthen its network to position itself as...
‘From collaboration to take over, it took 6 months to reach Byju’s deal’
What started as a collaboration talk with Byju’s ended up as a takeover deal worth $1 billion for Aakash Educational Services, in one of the most expensive deals in India’s burgeoning education space. In an interview...
Byju’s acquires Aakash Educational Services for $1 bn via strategic merger
Edtech decacorn Byju’s has closed the deal to acquire exam preparation firm Aakash Educational Services Limited (AESL) for nearly $1 billion. The stock-and-cash deal is the biggest in the education space, said sources...
Byju’s to raise $600-700 mn at nearly $15 bn valuation
Byju’s is in advanced talks to raise $600-700 million at a valuation of nearly $15 billion, two people familiar with the development said, closing in on India’s most valuable startup Paytm which is worth $16 billion...
ImaginXP raises $1.5 million led by Venture Catalysts
ImaginXP, an edu-tech enterprise, said it has raised $1.5 million, led by Venture Catalysts along with co-investors Shashank Deshpande, Krish Kupathil, Samyakth Capital, among others. Pune-based ImaginXP helps...
Tomorrow Capital leads ₹47 crore fund in edtech firm Leverage Edu
Edtech startup Leverage Edu has raised ₹47 crore as part of its Series A funding round led by Mumbai-based venture capital fund, Tomorrow Capital. Existing investors Blume Ventures and DSG Partners also participated in...
Sachin Tendulkar picks up stake in Unacademy
Edtech firm Unacademy on Tuesday said it has signed a strategic partnership with Sachin Tendulkar. The former cricketer has picked up a small stake in the company apart from becoming its brand ambassador. Unacademy did...
Vedantu acquires doubt-solving platform Instasolv
Online tutoring firm Vedantu has acquired doubt-solving app Instasolv. This was the edtech startup’s first acquisition as its peers continue to scout for strategic buyouts after raising multiple rounds of funding in...
Unacademy acquires networking platform TapChief
Edtech unicorn Unacademy said it has acquired TapChief for a valuation of ₹100 crore in its sixth acquisition till date. TapChief is a networking and future-of-work platform that enables professionals to learn, network...
Ed tech startup WizKlub raises ₹6 crore led by Incubate Fund India
WizKlub, an ed tech startup that builds future skills for school children has raised ₹6 crore in its pre-Series A round, from existing investor Incubate Fund India, bringing the total funds raised to ₹15 crore so far...
Edtech startup Eupheus Learning raises $4.1 million from Kuwait-based firms
Edtech startup Eupheus Learning has raised $4.1 million in a Series B funding round, led by Kuwait-based United Education Company (UEC) and Al Rayan Holding Company (ARHC) in which UEC holds a majority stake. Last year...
