New Delhi: content platform graphics Announced the acquisition of the edtech platform on Monday spy for $25 million, Unacademy The group-owned company said in a statement. Whether it was a stock swap or the cash payment involved was not made available by the company.

This acquisition will strengthen Graphy’s position in the creator ecosystem, while increasing its reach and enabling it to optimize its product offerings. Following the acquisition, Spy will continue to operate independently, the statement said.

An Unacademy Group company, Graphy is a platform that helps creators grow their audiences, monetize their skills, and host live cohort-based courses.

Spy, founded in 2014 by Sandeep Singh, Gaurav Kakkar, Anirudh Singh and Vijay Singh, allows content creators to create customized courses in the form of audio and video tutorials, PDF documents, quizzes, assignments and live classes. NS edtech startup Also supports creators to design and build their own websites and mobile apps on Android and iOS. Currently over 2,000+ creators and businesses have launched their platforms using Spy.

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“We share a common ethos with Spy, recognizing the need for an affordable, secure and scalable medium for content creators to build an online education business. And Spayee has prepared a winning proposition for creators. We believe having them as part of the Unacademy group will help us find common synergies and build the world’s largest maker community.” Sumit Jain, Cofounder and CEO, Graffi.

Founded by Jain, Sushil Kumar And Shobhit BakliwalRecently launched several programs like
producer grant and the Graffi Select Accelerator program to fuel the creator economy and help creators monetize their skills and launch their own online school.

Unacademy is making small to medium-sized acquisitions to boost new sectors such as jobs and the maker economy. In July, EdTech Unicorn acquired live game streaming platform
rio tv.

Last month, Unacademy allotted
Group company Relevel . $20 million in To enhance the online hiring platform’s team and improve the diversity of job offers.