Question
Which of the following edtech unicorn acquired majority
stake in Deeksha for $40 million?Solution
Acquisition- Edtech unicorn Vedantu has bought a majority stake in Deeksha (Ace Creative Learning Pvt. Ltd) for $40 million. Deeksha is a leading test preparation platform in Karnataka for the board and competitive exam coaching for students of grades 11th and 12th. With this strategic investment, Deeksha will bring in close to 13,000 of its students to Vedantu's platform.
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