Trending

Stories

Unacademy Gets Hold of Game Streaming Platform Rheo TV

Must Read

Digital learning platform Unacademy on Monday announced that it had acquired game streaming platform Rheo TV.

The TV is a platform that helps professional game streamers Livestream their gameplays and monetize those feeds.

Also Read

As part of the deal, Unacademy will fully acquire Rheo TV and enable the exit of all the existing investors.

“The existing investors, Lightspeed India Partners, Sequoia Capital India’s Surge, AET Fund, Phanindra Sama, founder and former CEO of RedBus, and Mahesh Narayanan, ex-country head of Google Mobile, will exit fully,” the company said in a statement.

“Post the acquisition, Rheo TV founders Saksham Keshri and Prakash Kumar will join Relevel as co-founders,” it added.

Relevel is an Unacademy Group company that seeks to revolutionize the Indian job market by enabling job-seekers to showcase their skills through tests and secure employment at some of India’s top companies.

Rheo TV was set up in August 2019 to make professional game streaming a mainstream career option in India by building an entertainment ecosystem that drives engagement and monetization.

Within a year of its launch, the platform amassed more than 5 million users and over 10,000 live streamers.

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Related

- Advertisement -
- Advertisement -
TikTok Targets $20B E-Commerce Expansion in Southeast Asia WatchOS 10: Automatic Night Mode for Apple Watch Ultra Twitter Blue: One-Hour Tweet Editing Window for Subscribers Google Pay Enables Aadhaar-Based UPI Authentication iOS 17: Improved Autocorrect with Personalized On-Device ML OnePlus Nord N30 5G goes official in the U.S. Apple Introduces Vision Pro VR Headset for Augmented and Virtual Reality Microsoft to Pay $20M Fine for Violating Children’s Privacy with Xbox Nothing Phone (2) Confirmed for India Production Fitbit Integration with Google Accounts Begins
TikTok Targets $20B E-Commerce Expansion in Southeast Asia WatchOS 10: Automatic Night Mode for Apple Watch Ultra Twitter Blue: One-Hour Tweet Editing Window for Subscribers Google Pay Enables Aadhaar-Based UPI Authentication iOS 17: Improved Autocorrect with Personalized On-Device ML OnePlus Nord N30 5G goes official in the U.S. Apple Introduces Vision Pro VR Headset for Augmented and Virtual Reality Microsoft to Pay $20M Fine for Violating Children’s Privacy with Xbox