Twitter fumes as Elon Musk Cancels $44Bn deal

Here are the top trending news from the world of technology. News that we feel every tech enthusiast should keep a tab on. 1) Twitter fumes as Elon Musk Cancels $44Bn deal The month-long saga between Elon Musk and Twitter management over a $44Bn deal has probably come to an end. This after Musk…

ByGirish ShettiJuly 12, 20220Comments

Acquisitions

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

Funding News

Tendulkar to start innings with Unacademy as its new Investor

India’s biggest sporting icon and former Indian cricket star Sachin Tendulkar has decided to bat for edtech unicorn Unacademy. Well, if we were to put this metaphor in a more simple language then Tendulkar has picked up strategic stake in the Bengaluru based startup. However, the company has refused to disclose the details of the…

ByGirish ShettiFebruary 23, 20210Comments

Acquisitions

Unacademy Acquisition spree Continues, acquires NeoStencil

Unacademy has wrapped up 2020 by acquiring yet another promising edutech startup NeoStencil. This is Unacademy’s sixth acquisition this year, having acquired CourSavy Kreatryx, PrepLadder, Mastree and CodeChef earlier this year. Unacademy’s CEO and cofounder Gaurav Munjal broke the news on his personal Twitter account. He wrote on his Twitter handle that he has known NeoStencil’s…

ByGirish ShettiDecember 30, 20200Comments

Tech news

AWS Outage slows down the internet in the U.S – TOP Trending News

Here are today's top trending news from the world of technology...Check it out. 1 AWS Outage slows down the internet in the U.S – TOP Trending News People walking through Amazon's AWS logo. AWS, Amazon’s very own cloud computing service, has been witnessing multi-hour outage since Wednesday evening. As this outage stretched for…

ByGirish ShettiNovember 26, 20200Comments

Acquisitions

Unacademy acquires CourSavy, allots 60 shares to CourSavy’s founder under ESOP scheme

Unacademy on Thursday announced that it has acquired leading UPSC CSE prep platform CourSavy for undisclosed amount. This is Unacademy’s fifth acquisition this year, after having acquired Kreatryx, PrepLadder, Mastree and CodeChef. This is also edtech major’s first acquisition after becoming unicorn following SoftBank led $150 Mn funding round earlier this month. The newly crowned unicorn…

ByGirish ShettiSeptember 24, 20200Comments

Funding News

Unacademy enters Unicorn Club with SoftBank leading Series F round worth $150 Mn

Unacademy’s market valuation has more than doubled to reach $1.45 Bn in its latest series F round that has been spearheaded by Japanese tech giant SoftBank. As per the report, existing investors Facebook, Sequoia Capital, Nexus Venture Partners and Blume Ventures have also participated in the round. This is SoftBank’s first major investment in India…

ByGirish ShettiSeptember 2, 20200Comments

News

Exclusive: Unacademy Expands ESOP pool, allots 11,973 fresh shares to Employees

Edutech startup Unacademy has recognized and rewarded its employees by topping up 11,973 options to its existing employee stock options (ESOPs). According to the new regulatory filings, the company passed a special resolution to amend its existing ESOP policy to increase its existing pool from 53,044 to 65,017 options. Logo of edutech major Unacademy This is the…

ByGirish ShettiAugust 29, 20200Comments

News

Unacademy’s nearly 20 Staff Members tested Covid-19 Positive

Nearly 20 staff members of Edutech major Unacademy have been tested COVID-19 positive. Unacademy’s co-founder & CEO Gaurav Munjal has confirmed this news on his official twitter handle. Most of these 20 staff members reportedly belong to housekeeping and administration staff. According to reports, no one from Unacademy’s top management team has been so far…

ByGirish ShettiAugust 8, 20200Comments

Acquisitions

Unacademy acquires K12 Learning platform Mastree for $5Mn

Unacademy on Tuesday announced that it has led a strategic investment of $5Mn to acquire a majority stake in Mastree. Mastree is a leading K12 learning platform and the latest acquisition will help the Edtech major in increasing its presence in K12 learning space. Following this investment, Unacademy has provided Blume Ventures an exit, according to…

ByGirish ShettiJuly 14, 20200Comments

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