India Digest: Zomato parts ways with TechEagle; Unacademy buys CodeChef

Photo: Pramugdha Mamgain/DealStreetAsia

Food ordering and delivery platform Zomato has parted ways with TechEagle Innovations while test preparation platform Unacademy has acquired CodeChef.

Zomato parts ways with TechEagle

Food ordering and delivery platform Zomato has parted ways with TechEagle Innovations, a drone startup that it had acquired in 2018, MoneyControl reported.

Zomato had acquired Lucknow-based TechEagle Innovations for an undisclosed amount in December 2018. All seven members of TechEagle joined Zomato in November 2018 but six of them quit the food delivery company in April 2020. Both the companies will now operate as separate entities from now on, the report said.

Unacademy acquires CodeChef

Test preparation platform Unacademy has acquired CodeChef, an online programming platform Codechef, Gaurav Munjal, founder of edtech startup Unacademy, tweeted on Thursday.

Codechef was started in 2009 by Bhavin Turakhia, founder and CEO of Flock, Radix and Zeta, as a part of Directi. It provides a platform to help programmers enhance their skills and create a community. Codechef will now be under the umbrella of Unacademy.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.