M&A M&A
LectureNotes acquires community driven edtech startup CollegeShala
Source Inc42 (opens in a new tab)
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.