Unacademy’s Graphy buys out Spayee for $25 Mn

Unacademy announced on Monday that its group company Graphy has acquired an upcoming edtech startup Spayee for around $25 Mn. Both companies have refused to comment whether there was a stock swap or this was a complete cash transaction. This is the first acquisition that Unacademy has made for its Graphy platform and is likely…

ByGirish ShettiOctober 11, 20210Comments

Acquisitions

Eyeing U.S Expansion, Byju’s acquires U.S. kids coding platform Tynker

Byju Raveendran, Founder & CEO of Byju's Keeping up with its acquisition juggernaut, Byju’s has now acquired U.S. based kids coding platform Tynker. The edtech decacorn did not disclose the financial details of the deal. Tynker is the second American startup acquired by Byju’s in the space of nearly two months. The deal also marks…

ByGirish ShettiSeptember 16, 20210Comments

Acquisitions

Blume backed health startup BeatO acquires Pune based Novique

Health startup BeatO announced on Thursday that it has acquired Pune-based Novique Health for an undisclosed amount. Following this acquisition, BeatO said it will be able to augment its services of combating diabetes through clinically proven management, reduction, and reversal of diabetes. It will achieve this by addressing the condition’s root cause, the company said…

ByGirish ShettiSeptember 9, 20210Comments

Acquisitions

Byju’s Acquisition Juggernaut Continues, acquires Exam Prep Platform GradeUp

Edtech decacorn Byju’s announced on Tuesday that it has acquired online exam preparation platform GradeUp. Byju’s has not shed light on financial details of the deal. This marks the Bengaluru based company’s fifth acquisition during the last four months. It had acquired Akash Educational Services for whopping $1Bn in April, followed by acquisition of Topprs…

ByGirish ShettiSeptember 7, 20210Comments

Acquisitions

PayU to acquire BillDesk for $4.7N – most expensive acquisition deal in startup space

India’s startup industry has just witnessed one of its biggest acquisition deals, with Prosus backed PayU finally agreeing to buy BillDesk for staggering $4.7 bn. The PayU’s board of director has given principal approval to acquire 100% stake in BillDesk, while the deal will remain subjected to regulatory approval. Since the last one month…

ByGirish ShettiAugust 31, 20210Comments

Acquisitions

Nazara Technologies Acquires Skill gaming platform OpenPlay for INR 186 Cr

Gaming and sports media platform Nazara Technologies said on Friday that it has acquired 100% stake in the Hyderabad based skill gaming platform OpenPlay. This is Nazara’s second acquisition post its successful IPO listing earlier this year. The Rakesh Junjhunwala backed company had acquired Turkish gaming company PublishMe in June this year. Nazara’s board has…

ByGirish ShettiAugust 28, 20210Comments

Acquisitions

Vedantu claims Acquisition Talks with Byju’s as ‘baseless and false’

On Friday, a leading startup news portal Entrackr reported that Vedantu is the latest acquisition target of Byju’s. The news portal claimed that Byju’s is planning to buy the Pune based startup for $800Mn in a cash and stock deal. The report did not come as a surprise for many people as Byju’s has been…

ByGirish ShettiAugust 7, 20210Comments

Acquisitions

PE Major Blackstone acquires majority stake in Simplilearn

American private equity major Blackstone announced on Monday that it is all set to acquire a majority stake in the edtech firm Simplilearn. This acquisition marks the growing M&A deals in the edtech space that has witnessed frenetic activities since last year’s pandemic. The acquisition deal’s financial details have not been disclosed. Reports, however, suggest…

ByGirish ShettiJuly 19, 20210Comments

Acquisitions

PharmEasy buys Highly Successful Listed Company Thyrocare for INR 4,456

Epharmacy startup PhramEasy made a surprising announcement on Friday that it is acquiring a controlling stake in Thyrocare Diagnostic Technologies Ltd for INR 4,546 Cr. The controlling stake amounts to nearly 66.1% stake at per share valuation of Rs 1,300. It is probably for the first time that an emerging startup, which is barely few years…

ByGirish ShettiJune 25, 20210Comments

Acquisitions

Post-IPO, Nazara makes its first acquisition

India’s home grown Nazara Technologies announced on Thursday that it has signed a binding term agreement to acquire majority stake in PublishME. PublishME is the largest mobile game publishing agency in the Middle East and Turkey. Nazara will invest approximately INR 20 Crore for acquiring 69.82% stake in the company. The deal will be done…

ByGirish ShettiJune 17, 20210Comments

Acquisitions

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