Indian online discovering platform Unacademy said on Tuesday it has obtained Chandigarh-based startup PrepLadder for $50 million as the Facebook-backed edtech giant scouts for deals to expand its presence in the nation.
PrepLadder, which employs about 150 people, offers courses targeted at medical trainees. The two-year-old startup, which never ever raised any capital from external financiers, has more than 80,000 subscribers, said PrepLadder co-founder Deepanshu Goyal.
“Unacademy and PrepLadder are working towards the common objective of making quality education accessible to all. Our company believe that the synergies in between both items will truly produce a mark in the industry,” he stated.