Byju’s
TMT
In FY22, South Africa's Prosus Ventures mostly invested in India
In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......
TMT
In edtech vs coaching cos, teachers win
As edtech firms eye a slice of the offline coaching industry, a scramble for experienced teachers has broken out in ......
Consumer
UAE-based Foundation Holdings mulls an evergreen fund
UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year,...
TMT
Brace for more layoffs, recruiters say
The startup sector could let go of about 5,000 employees over the next couple of quarters as they face pressure ......
Finance
Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma
Companies raised $2.04 billion in venture capital (VC) and private equity (PE) funding this week, over 3 times higher than ......
TMT
Byju's acquires Singapore-based higher education platform
India’s largest ed-tech business Byju’s, operated by Think & Learn Pvt Ltd, has agreed to acquire a Singapore-based...
Finance
Startups find offshore, venture debt cheaper as volatility in equity fundraising increases
India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising,...
Consumer
Byju's-owned Aakash Educational Services to open 75 new offline centers in 2022
Aakash Educational Services Ltd (AESL), owned by the edtech company Byju’s, is planning to unveil India’s 75 new physical...
TMT
Blackstone exploring over $100 mn deals in Indian tech startups
The Blackstone Group plans to invest "sizeable" amounts of money Indian tech startups from its global...
Finance
Lightspeed eyes more bets on new themes like agritech, healthtech
Lightspeed, known for its bets on Byju’s, Oyo and ShareChat, expects to sharpen its focus on startups in the agritech ......