Page 9 - Medtech Startups News Today

Simplilearn in talks to raise funding at a valuation of $700 million SECTIONS Share Synopsis Simplilearns fundraising move comes at a time when Indian edtech startups—led by Byjus and Unacademy—are mopping up investor dollar amid a pandemic-induced surge in online education. ETtech Simplilearn is expected to close the funding round in about a month at a valuation of $700 million. (Illustration: Rahul Awasthi/ETtech) Mumbai: Edtech startup Simplilearn is in talks with global funds to raise $...

Synopsis The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months. Byju’s signs billion-dollar deal to acquire Aakash Educational Services India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks. The deal for what will be one of the largest edtech acquisitions in the world s...

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