Indian online learning giant Unacademy in talks to acquire Rheo TV

Indian online learning giant Unacademy in talks to acquire Rheo TV

2 years ago
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https://techcrunch.com/2021/06/25/indian-online-learning-giant-unacademy-in-talks-to-acquire-rheo-tv/

Indian online learning platform Unacademy is in advanced talks to acquire Rheo TV, a less than two-year-old startup founded by two former Unacademy employees, according to three sources familiar with the matter.

The current deal values Rheo TV, a startup that has built a platform to help professional game streamers live stream their gameplays and monetize those feeds, at over $10 million, one of the sources said. The deal proposes Rheo TV’s team of fewer than a dozen people to join Unacademy.