Unacademy’s Graphy acquires edtech startup Spayee for $25 Mn
Graphy, an Unacademy Group company, has acquired edtech platform Spayee for $25 Mn in a bid to consolidate its position in the creator ecosystem. It also aims to increase its reach and optimise its product offerings through the acquisition. Post the acquisition, it will continue to operate independently. Founded in 2014 by Sandeep Singh, Gourav Kakkar, Aniruddha Singh, and Vijay Singh, Spayee was pivoted into its current form in 2018.