Edtech Unicorn Unacademy Acquires UPSC Test Prep Platform Coursavy
Edtech startup Unacademy acquired a Union Public Service Commission (UPSC) test preparation platform Coursavy for an undisclosed amount.With the acquisition, Unacademy plans to strengthen its position in the UPSC test prep market.
With the merger, Unacademy plans to conduct bi-monthly scholarship tests — Aspire — for UPSC aspirants, and also conduct knowledge sharing summits with UPSC toppers, top educators and experts from the field.
Commenting on the merger, Gaurav Munjal, cofounder and CEO, Unacademy, said, “As we grow and strengthen our position as the leader in the test prep market, bringing Coursavy on board will play a strategic role for Unacademy in the UPSC examination category. At Unacademy, we are striving to democratise education in India, and this acquisition is a step in that direction.”