Graphy, a subsidiary of Unacademy, has purchased edtech firm Spayee for $25 million.
New Delhi: Content platform Graphy on Monday declared the acquisition of edtech platform Spayee for $25 million, the Unacademy group-owned company aforesaid during a statement. Details on whether or not it had been a stock swap or concerning money payout weren't created accessible by the corporate.
New Delhi: Content platform Graphy on Monday declared the acquisition of edtech platform Spayee for $25 million, the Unacademy group-owned company aforesaid during a statement. Details on whether or not it had been a stock swap or concerning money payout weren't created accessible by the corporate.
The acquisition can strengthen Graphy’s position within the creator scheme, whereas increasing its reach and facultative it to optimize its product offerings. Post the acquisition, Spayee can still operate severally, the statement supplemental.
An Unacademy cluster company, Graphy could be a platform that helps creators grow their audience, legitimatize their skills, and host live cohort-based courses.
Spayee, supported in 2014 by Sandeep Singh, Gourav Kakkar, Aniruddha Singh, and Vijay Singh, permits content creators to provide tailored courses within the kind of audio and video tutorials, PDF documents, quizzes, assignments, and live categories. The edtech startup conjointly supports creators to form and build their own website and mobile apps on automaton and iOS. presently over two,000+ creators and businesses have launched their platforms exploitation Spayee.
