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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A merger with Aakash would have given Unacademy a shot at making a go of it in offline coaching. Without it, Munjal’s task of keeping his company afloat is that much harder.
Sometime around the end of December or early January, Unacademy, or someone representing it, reached out to Byju Raveendran, the co-founder of Byju’s, India’s largest edtech company. They suggested a merger with Aakash Educational Services, the offline coaching business on which Byju’s has been trying to build its future.
This is not the first time that the two companies have tried to explore the prospect of working together. Almost three years ago, right before COVID-19 forced a lockdown, the founders of both startups met several times. Details vary depending on who you talk to, but this much is certain: Byju …
Amid an increasing demand for higher education in the Middle East, local universities seem keen to show their mettle.
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
