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Acquisition

Unacademy acquires NeoStencil; its fifth acquisition of 2020

Unacademy, a learning platform, has announced that it has acquired NeoStencil for an undisclosed sum. With this acquisition, the ed-tech firm ends the year with five acquisition. Gaurav Munjal, co-founder and CEO, Unacademy Group, commented – “We’re always looking for synergies in the form of great companies and teams which are creating an impact by […]

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Press Release

Reliance-owned Embibe acquires Ed-tech company Funtoot

Indiavidual Learning Private Limited (“Embibe”), a subsidiary of Reliance Industries Limited (“RIL” or the “Company”) has acquired equity shares of eDreams Edusoft Private Limited (“Funtoot”) for a cash consideration of INR 71,64,35,143/- (Seventy one crore sixty four lakh thirty five thousand one hundred and forty three rupees only) representing 90.5% holding in the equity share […]