Page 17 - Medtech Startups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Simplilearn in talks to raise funding at a valuation of $700 million SECTIONS Share Synopsis Simplilearn's fundraising move comes at a time when Indian edtech startups—led by Byju's 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 $100-$150 million, as it seeks to provide partial exits to some early investors and raise primary c...

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 should close in the next two or three months, said the person, who didn’t want to be identified as ...

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