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The deal adds close to one million potential active learners of Instasolv to Vedantus platform. Instasolv, in turn, will leverage Vedantu's tech capabilities to scale up.
Synopsis TapChief is Unacademy’s seventh acquisition in the past 12 months, and will enable the edtech startup to build Unacademy Pro. SoftBank-backed edtech startup Unacademy has acquired TapChief, an online platform for professionals to earn incomes without full-time jobs. As per the deal, Unacademy will pick up a majority stake in TapChief, ascribing it a valuation of Rs 100 crore and providing an exit to existing investors. TapChief had raised a total of about $2.2 million from investors like Blume Ventures, Paytm, 500 Startups and angel investors like Cred founder Kunal Shah, Udhyam f...