Edtech
TMT
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......
Finance
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......
Infrastructure
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......
TMT
Google-backed Adda247 gears up for inorganic push
Google-backed government job preparation platform, Adda247 will spend $20 million (Rs 162.2 crore) for acquisitions in ......
Finance
Early backers look to sell stakes in Byju's
Byju’s early investors, including Lightspeed Investment Partners and Chan Zuckerberg, are seeking buyers for their ......
TMT
Flashback 2022: A roller-coaster ride for the edtech sector
The year 2022 can very well be touted as a tumultuous one for the Indian edtech or the education technology ......
People
PhysicsWallah earmarks $40 mn for M&As
Westbridge Capital-backed PhysicsWallah entered the upskilling segment with the acquisition of Bengaluru-based iNeuron.......
TMT
Rajasthan state plans fourth venture capital fund
State-backed Rajasthan Venture Capital fund (RVCF) is seeking to raise as much as Rs 250 crore (about $30.4 million) for......
Finance
Deals Digest: Companies raise $220 mn; three edtech acquisitions this week
Investments by venture capital (VC) and private equity (PE) firms dropped 24.4% to $220 million this week versus $291 ......
General
Vedantu acquires majority stake in test prep platform Deeksha
Edtech company Vedantu, on Thursday, said it has acquired a majority stake in test preparation platform Deeksha for $40 ......
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