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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 ......

AdmitKard raises Rs 50 cr in Series A

TMT

20 February, 2023

AdmitKard raises Rs 50 cr in Series A

College admissions startup AdmitKard has raised Rs 50 crore ($6 million) in Series A funding, led by global edtech investor ......

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Startups, tech firms cut 20,000 jobs in six months

Infrastructure

10 February, 2023

Startups, tech firms cut 20,000 jobs in six months

Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......

No cash appraisals at Unacademy this year: CEO

Finance

02 February, 2023

No cash appraisals at Unacademy this year: CEO

SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief executive officer (CEO) Gaurav ......

‘India's M&A activity to remain buoyant amid global slump'

TMT

31 January, 2023

‘India's M&A activity to remain buoyant amid global slump'

Bucking the global trend, the merger and acquisition (M&A) activity in India will continue to grow at its fast-paced trajectory ......

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

TMT

30 January, 2023

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

Westbridge Capital-backed edtech unicorn PhysicsWallah, on Monday announced plans to hire about 2,500 employees across its verticals over the next ......