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ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernaut
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Last Updated: Feb 19, 2021, 09:03 PM IST
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Tata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing a new mode of fundraising.
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Bengaluru: This week in ETtech Deals Digest, India’s largest edtech startups continued to gobble up smaller rivals, fintech startups bagged the biggest funding rounds, and a new fundraising route has opened for Indian startups.
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TapChief, ascribing the gig jobs portal a valuation of Rs 100 crore and providing an exit to its existing investors. Post this acquisition, the company plans to launch a new vertical called Unacademy Pro.