Spayee is a leading branded course SaaS platform, which lets anyone create, market, and sell their courses online.
On 11th Oct 2021, Graphy acquired the ed-tech platform Spayee for $25 Million. The acquisition is aimed at strengthening Graphy’s leadership position in the creator ecosystem. This will increase its reach and enable it to optimize its product offerings.
Post the acquisition, Spayee will continue to operate independently.
Spayee was founded in 2014, by Sandeep Singh, Gourav Kakkar, Aniruddha Singh, and Vijay Singh. The Edtech platform allows content creators to produce multimedia course content in the form of recorded videos, live classes, PDF documents, quizzes, assignments, and live classes.
Currently over 2,000+ creators and businesses have launched their courses using Spayee. In 2020 alone, they impacted more than 2.5 million learners.
Graphy and Spayee getting together in Oct 2021
“The 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, recognizing the need for an affordable, secured & scalable medium for content creators to build an online education business. And Spayee has built a winning proposition for creators. We are confident that having them as part of the Unacademy group will help us explore common synergies and build the world’s largest creator community,” said Sumit Jain, Co-Founder, and CEO, Graphy.
We at Graphy have been coming up with multiple programs like the Creator Grant and Graphy Select Accelerator program to boost the creator economy in India. These initiatives are aimed at helping creators monetize their skills and launch their online schools.
We are excited about the acquisition and to witness what unfolds next!