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Decoding Infinity Learn's M&A thesis after three edtech acquisitions

TMT

09 May, 2023

Decoding Infinity Learn's M&A thesis after three edtech acquisitions

Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire fledgling edtech startups to strengthen ......

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Two investors knock down Byju's valuation to less than half

TMT

31 March, 2023

Two investors knock down Byju's valuation to less than half

At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......

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Edtech euphoria ends as startup funding slumps in 2022

TMT

31 March, 2023

Edtech euphoria ends as startup funding slumps in 2022

India’s educational-technology segment came back to the ground last year after flying high in the previous two years as schools ......

SoftBank-backed Unacademy to lay off 12% of staff

TMT

30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......

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How Indian tutors are getting paid like Ivy League professors

TMT

24 March, 2023

How Indian tutors are getting paid like Ivy League professors

Edtech companies are offering lucrative packages and perks to lure top talent from their competitors as they prepare for the ......

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Unacademy eyes stake in Byju's-owned Aakash

TMT

23 March, 2023

Unacademy eyes stake in Byju's-owned Aakash

Edtech firm Unacademy, which counts Singapore's Temasek, Japan's SoftBank and US-based General Atlantic and Tiger Global among its backers, is in ......

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

TMT

21 March, 2023

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

Edtech unicorn PhysicsWallah has acquired United Arab Emirates (UAE)-based edtech startup Knowledge Planet, marking its foray into the global market.  Financial ......

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Malpani Ventures-backed edtech firm to shut shop

TMT

27 February, 2023

Malpani Ventures-backed edtech firm to shut shop

Bengaluru-based Dux Education will soon become the latest edtech firm to shut down its operations after failing to raise fresh ......

Camp K12 fires 70% staff

TMT

22 February, 2023

Camp K12 fires 70% staff

Edtech startup Camp K12 has reportedly laid off 70% of its workforce. According to a report by the Morning Context, ......

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Unicorn upGrad eyes EBITDA profitability next fiscal

Finance

21 February, 2023

Unicorn upGrad eyes EBITDA profitability next fiscal

Ronnie Screwvala-led upskilling unicorn upGrad is aiming to turn operationally profitable in the next fiscal even as the company looks ......

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