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Unacademy in talks to invest in school chain Orchid


Unacademy in talks to invest in school chain Orchid
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ETtech
Illustration: Rahul Awathi
Edtech major Unacademy is in talks to buy a significant stake in Sequoia Capital-backed K12 Techno Services, which runs the Orchids International chain of schools, two people aware of the development said.
If the deal materialises, it’ll be the first such bet made by an edtech startup in India on a physical school chain.
K12 is also backed by Sofina, making the Belgian investment fund and Sequoia Capital, common investors in both the companies.
Sequoia is likely to exit Orchid through this transaction, the people cited earlier said. ....

Gaurav Munjal , Hemesh Singh , Unacademy Ettech , Roman Saini , Orchids International , Navneet Learning , Dragoneer Investment Group , Sequoia Capital , Unacademy Group , Techno Services , Bank Backed Unacademy , Sequoia Capital India , Care Ratings , Tiger Global , General Atlantic , கௌராவ் முஞ்சல் , ரோமன் சைனி , ஆர்கிட்ஸ் சர்வதேச , சீக்வோயா மூலதனம் , டெக்னோ சேவைகள் , சீக்வோயா மூலதனம் இந்தியா , பராமரிப்பு ரேடிஂக்ஸ் , புலி உலகளாவிய , ஜநரல் அட்லாண்டிக் ,

Fintech firms face IPO challenges


Fintech firms face IPO challenges
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Three Indian fintech firms have IPOs coming up soon, but face unique challenges related to their revenue models, foreign ownership, and increased scrutiny from regulators. Will they be able to replicate Zomato’s success?
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At least three fintech startups are set to launch initial public offerings (IPOs) in the next five months. Paytm, Mobikwik, Policybazaar are likely to raise up to Rs 28,000 crore ($3.7 billion) from the offerings. ....

South Korea , South Korean , Deepinder Goyal , Ashwini Vaishnaw , Darpan Sanghvi , Sean Hyunil Sohn , Taru Kapoor , Dinesh Arora , Amit Chadha , Life Insurance Corp , Veera Health , Orchids International , Clt Group , Indian Angel Network , Source Software , Lt Technology Services , Sequoia Capital , Techno Services , Three Indian , Foreign Direct Investments , Pwc India , Great Learning , Fireside Ventures , Goat Brand Labs , Tiger Global , Flipkart Ventures ,