M&A

M&A

LectureNotes acquires community driven edtech startup CollegeShala

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Bhubaneswar-based edtech startup LectureNotes has acquired Kolkata-based CollegeShala in an all-stock deal. CollegeShala is a community-driven edtech startup that caters to students of degree courses. The acquisition comes over a year after LectureNotes infused INR 1.83 crore into CollegeShala in November of 2020. Post-deal, the three co-founders of CollegeShala will share core responsibilities in the LecturerNotes Group.