India’s largest peer to peer Knowledge Sharing Platform, Vokal has acquired a social network based quizzing app called StupidChat Technologies in an all-stock deal for an undisclosed amount.
Founded in 2017 by Sourav Karmakar and Saheb Roy, StupidChat App is often known as the Uber of Anonymous Social Network that lets users connect with people nearby without disclosing their identity.
Post the acquisition, Vokal will use the six-member team to work on the existing products while coming up with daily engagement products for the platform. On the other hand, the StupidChat Team has been assigned responsibilities across product design and technology verticals.
Vokal is a knowledge sharing platform committed to bridging Knowledge gap for Indians that don’t speak English. It was founded by Aprameya Radhakrishna, co-founder of TaxiForSure and Bidawatka, who had earlier co-founded GoodBox, which ran a hyperlocal app.
Mayank Bidawatka, Cofounder of Vokal said,
They had a healthy traction in the short span of time they ran the StupidChat app. However, there were a number of players that sprouted at the same time, making the funding circumstances unfavourable.
The education startup landscape has witnessed many acquisitions in recent months. Recently, we saw Ed-Tech Startup iNurture, which provides industry-related skill courses acquired a skill-based student employability platform KRACKiN Technologies Pvt. Ltd.in an undisclosed amount. Meanwhile, Pluralsight, the iconic tech training company filed for IPO last week.