Aussie Edtech Giant Moodle Acquires Indian Startup eAbyas
Australia-based learning management platform Moodle has acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount.
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Australia-based learning management platform Moodle has acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount.
According to the PwC India report "Startup Deals Tracker - Q3 CY22," start-up funding in India hit a two-year low of $2.7 billion across 205 deals in the third quarter of fiscal year’22.
According to the company's regulatory filings with the Ministry of Corporate Affairs, edtech unicorn upGrad has increased its employee stock option plan (ESOP) pool by 3,00,000 shares (MCA). According to regulatory documents, upGrad has expanded the amount of the ESOP pool from 22,25,810 shares to 25,25,810 shares. The estimated value of upGrad's new options is Rs 244 crore ($30 million), while the estimated value of its employee stock is Rs 2,058 crore ($260 million). The news was first reported by Entrackr, which noted that it was the second time in the previous nine months that th...
UpGrad closed the transaction with present Harappa shareholders - Bodhi Tree Systems (a newly-formed platform between James Murdoch and Uday Shankar) and
Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa...