India Digest: WaterBridge exits Unacademy; Walmart acqui-hires Appsfly; Ambit buys Finmax

India Digest: WaterBridge exits Unacademy; Walmart acqui-hires Appsfly; Ambit buys Finmax

Photo: Reuters

WaterBridge Ventures has exited its investment in Unacademy after selling stake to three venture capital firms – Sequoia Capital, SAIF Partners and Nexus Venture Partners. In the M&A space, US retail giant Walmart has acqui-hired Bengaluru-based Appsfly while Ambit Finvest has acquired NBFC Finmax Credit and Finance Pvt Ltd.

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