Edtech
TMT
upGrad makes 9th acquisition with Harappa Education
Upskilling platform upGrad bought New Delhi-based online learning platform Harappa Education for $38 million (about ₹296 crore)...
TMT
Indian lawmaker asks fraud regulator to probe Byju's finances
Member of Parliament Karti P Chidambaram, on Thursday said he has written to the India's fraud regulator to launch a ......
Consumer
In Allen vs Unacademy, teachers make big bucks and founders cry betrayal
"If you want to survive here, get used to two things—dhakka and dhoka. We call it the D2 of Kota,” ......
TMT
Byju's revenue doubles in FY22, valuation pegged at nearly $23 bn
India’s most valuable startup Byju’s has just gotten bigger, with the online education platform doubling its revenue...
TMT
Blackstone to add up to 1% of Byju's post Aakash merger
US private equity firm Blackstone Inc. will get an additional 0.75%-1% stake in Byju’s after the completion of a merger...
People
Startups tweak hiring; scrap joining bonuses, increments and ESOPs
Startups are doing away with joining bonuses and offers of stock options besides reducing notice periods as they conserve cash...
People
Byju's-owned WhiteHat Jr lays off 300 employees to cut costs
Edtech giant Byju’s-owned kids-focused coding platform WhiteHat Jr has laid off around 300 employees globally as the industry...
TMT
Byju's gets 2-month extension to pay Aakash shareholders
Edtech decacorn Byju’s has sought and received a 2-month extension on some payments that were due to Blackstone and the...
TMT
Another edtech firm, SuperLearn shuts shop as capital dries out
Nearly two-year old Bengaluru-based SuperLearn becomes the latest edtech firm to shut down its operations as it bites the dust...
People
Unacademy makes second senior appointment in a fortnight
Softbank-funded Unacademy on Tuesday appointed former Airtel executive Navneet Sharma as chief business officer – new initiatives,...