Money Never Sleeps Radio

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Relocating production lines takes years of planning and construction and requires massive amounts of space and capital.

“Negotiations with Mizuho Financial Group had reached a very advanced stage, and both parties were said to be close to a final agreement. But differences, not related to valuation, but over softer terms of the deal, seem to have led to the lack of progress of late,” said one of the persons above, adding that […]

With cash burn down, Munjal said that Unacademy is steering clear of acquisition-led growth – calling it a failed strategy in edtech – to focus instead on core business profitability, product innovation, and disciplined execution.

“Goldman Sachs has been roped in, and preliminary discussions as part of the stake sale process have been initiated. Management meetings have been held recently between potential suitors, including private equity funds, and the firm,” said one of the persons above.