Unacademy, the edtech unicorn, has bought Gate Academy for an unknown sum in an effort to strengthen its position in the GATE exam preparation market. The Gate Academy staff will all join the edtech company as part of the deal.
According to the business, GATE Academy’s founder and director Umesh Dhande would join Unacademy as its vice president of academics for GATE and ESE.
Unlike The Gate Academy, which fellow unicorn upGrad purchased in November 2020, the entity is distinct from that institution.
In order to enhance access for millions of students, the edtech unicorn also announced that 50 new education channels had been established. In addition to expanding on current categories, the recently formed YouTube channels would help Unacademy enter into novel learning ideas like direct and indirect taxation, the business claimed during the first Bengaluru edition of its flagship event, “Unacademy One.”