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Consolidation in edtech to rise: EY's Ajay Shah

Consumer

30 May

Consolidation in edtech to rise: EY's Ajay Shah

Consolidation in the edtech space will rise as smaller firms struggle to raise capital amid the funding squeeze, while the ......

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Companies raise $723 mn this week with majority from 3 deals alone

Finance

27 May

Companies raise $723 mn this week with majority from 3 deals alone

Companies raised $723.1 million in venture capital (VC) and private equity (PE) funding this week, nearly 37% higher than last...

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Mensa eyes majority stake in consumer electronics brand

Consumer

27 May

Mensa eyes majority stake in consumer electronics brand

Mensa Brands, which follows a brand aggregation strategy, is in discussion to pick up majority stake in a homegrown consumer ......

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Awaiting final dues, Lido Learning ex-employees take the fight to social media

TMT

26 May

Awaiting final dues, Lido Learning ex-employees take the fight to social media

Several former employees and tutors working with the once-promising edtech startup Lido Learning are awaiting their dues after...

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Foundation-backed ASG Hospital presses pedal on acquisitions

Foundation-backed ASG Hospital presses pedal on acquisitions

Eye care chain ASG Hospital Pvt. Ltd is ramping up its inorganic growth strategy as it is in different stages ......

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Will do bigger deals if opportunities arise: Advent

Others

25 May

Will do bigger deals if opportunities arise: Advent

US private equity firm Advent International on Tuesday said it has completed fundraising for its tenth flagship "Advent International...

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India's growth story of unicorns worked very well until it did not

Finance

25 May

India's growth story of unicorns worked very well until it did not

A few years ago, I was a part of a literature festival where Snapdeal founder Kunal Bahl was almost given ......

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Byju's-owned Aakash Educational targets over 40% jump in revenue in FY23, eyes acquisitions

Consumer

24 May

Byju's-owned Aakash Educational targets over 40% jump in revenue in FY23, eyes acquisitions

Aakash Educational Services Ltd (AESL), owned by the edtech giant Byju’s, is targeting over 40% growth in its revenue to...

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Zilingo's letter firing Bose lists several charges but skips fraud

Finance

24 May

Zilingo's letter firing Bose lists several charges but skips fraud

The termination letter to Zilingo co-founder and chief executive Ankiti Bose lists at least four causes—including insubordination,...

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Blackstone-backed IARC's chief Anurag Das quits before end of term

Finance

23 May

Blackstone-backed IARC's chief Anurag Das quits before end of term

Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive...