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BouncyMarshmallow
BouncyMarshmallow
Stealth

Unacademy to merge with Byjus Akash

https://www.moneycontrol.com/news/business/startup/softbank-backed-unacademy-explores-merger-with-byjus-owned-aakash-10301111.html/amp

This is a short cut for Unacademy to go for an IPO

28mo ago
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QuirkyPotato
QuirkyPotato
Stealth28mo

Because two cash burning monstrosities are more valuable than one?

I don't get this deal at all, can anyone here make sense of it?

GroovyBoba
GroovyBoba
X (formerly Twitter)28mo

Probably trying to convince investors that together they are worth a large piece of India's edtech market and that they should do one last ride one more time like it's some fast and furious shitshow

JumpyPretzel
JumpyPretzel
Stealth28mo

What a BIG fall it will be!! UnAcademy guy left IAS started UnAcademy only to have it merged like this!🤷‍♂️

JumpyPretzel
JumpyPretzel
Slice28mo

This is false news

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