Edtech Startup Spayee acquired by Graphy for $25 million

Spayee allows content creators to produce customised courses.

Spayee was founded in 2014, by Sandeep Singh, Gourav Kakkar, Aniruddha Singh, and Vijay Singh.

Unacademy Group-owned Graphy on Monday said it has acquired edtech platform Spayee for $25 million.

Founded in 2014, Spayee allows content creators to produce customised courses in the form of audio and video tutorials, portable document format (PDF) documents, quizzes, assignments, and live classes.

Spayee also supports creators to create and build their own website and mobile apps on Android and iOS. Currently over 2,000 creators and businesses have launched their platforms using Spayee, it said.

 

Sumit Jain, co-founder and chief executive officer, Graphy said ā€œThe creator economy is booming and at Graphy, we are constantly on the lookout for avenues that will help creators grow and achieve their full potential. We share a common ethos with Spayee, recognising the need for an affordable, secured and scalable medium for content creators to build an online education business. And Spayee has built a winning proposition for creators,”

Edtech Startup Spayee acquired by Graphy for $25 million

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