Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News
Whatsapp

Unacademy Gets Hold of Game Streaming Platform Rheo TV

IANS
IANS
Meet the voice behind Indo-Asian News Service (IANS), a storyteller navigating the currents of global events with precision and depth. Crafting narratives that bridge cultures, IANS brings you the pulse of the world in every word

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

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.

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.

Join 10,000+ Fellow Readers

Get Techgenyz’s roundup delivered to your inbox curated with the most important for you that keeps you updated about the future tech, mobile, space, gaming, business and more.

Recomended

Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic