share swap

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    India's Deep Tech Ecosystem Gains Investment and Strategic Shift

    New Delhi, March 28 Info Edge (India) Ltd will invest up to ₹250 crore in an alternative investment fund (AIF) to support early-stage deep-tech companies in the country.According to a regulatory filing, the company has entered into a contribution agreement with A88 Fund I, a scheme by...
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    Edtech Consolidation: upGrad and Unacademy Partner Up

    New Delhi, March 16 UpGrad, a major edtech company led by Ronnie Screwvala, is set to acquire Unacademy in a deal involving a 100 per cent share swap, all-stock transaction.Under the agreement, Unacademy co-founder Gaurav Munjal will continue to lead the company as CEO, focusing on online...
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