Friday, May 31, 2019

Edtech firm Unacademy in talks for $55M funding led by Steadview Capital

After a series of experiments to monetise its platform, the company has now moved to a subscription-based model for students aspiring to prepare for exams like UPSC, IIT-JEE, and CAT http://bit.ly/2KiMaaI https://ift.tt/eA8V8J

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...