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Announced

Completed

Unacademy-backed Spayee completed the acquisition of Spayee for $25m.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

ed-tech platform

Completed

Domestic

Education Services

Friendly

Majority

Single Bidder

India

Acquisition

Synopsis

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Unacademy-backed Spayee, a white-labeled course SaaS platform, completed the acquisition of Spayee, aned-tech platform, for $25m. “The creator economy is booming and at Graphy, we are constantly on the lookout for avenues that will help creators grow and achieve their full potential. We share a common ethos with Spayee, recognizing the need for an affordable, secured & scalable medium for content creators to build an online education business. And Spayee has built a winning proposition for creators. We are confident that having them as part of the Unacademy group will help us explore common synergies and build the world’s largest creator community,” Sumit Jain, Graphy Co-Founder and CEO.

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