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Deals Digest: Companies raise $2.04 bn this week, CredAvenue turns unicorn

TMT

11 March, 2022

Deals Digest: Companies raise $2.04 bn this week, CredAvenue turns unicorn

Companies raised $2.04 billion in venture capital (VC) and private equity (PE) funding this week, and fintech debt marketplace...

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Consumer

08 March, 2022

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Edtech unicorn Eruditus Education Pvt Ltd on Tuesday said it has raised  $350 million (about Rs 2,696 crore) in debt ......

upGrad net loss widens as advertising expenses jump twofold in FY21

Consumer

17 January, 2022

upGrad net loss widens as advertising expenses jump twofold in FY21

Ronnie Screwvala-led edtech firm upGrad Education Pvt Ltd’s net loss widened nearly threefold...

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‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

Consumer

13 January, 2022

‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

LEAD, formerly known as LEAD School, owned and operated by Leadership Boulevard Pvt Ltd, turned unicorn on Thursday...

Edtech firm LEAD joins unicorn club with $100 mn funding from WestBridge, others

Consumer

13 January, 2022

Edtech firm LEAD joins unicorn club with $100 mn funding from WestBridge, others

School edtech platform LEAD has raised $100 million as a part of its Series E funding round led by WestBridge ......

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Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

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SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

Consumer

10 January, 2022

SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

SoftBank-backed edtech unicorn Eruditus Education Pvt Ltd plans to deploy as much as $1 billion (Rs 7,500 crore) for mergers ......

upGrad onboards edtech unicorn Eruditus' exec as Vice President

People

07 January, 2022

upGrad onboards edtech unicorn Eruditus' exec as Vice President

Ronnie Screwvala's upGrad, which joined India’s unicorn club with $1.2 billion valuation in August last year, has...

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Edtech startup 90+ My Tuition App set to raise up to $150 mn

Consumer

06 December, 2021

Edtech startup 90+ My Tuition App set to raise up to $150 mn

Edtech startup 90+ My Tuition App, operated by Daskalos Virtual Academy Pvt Ltd., is in advanced talks with several global ......

Edtech startup Edvizo raises $150,000 in angel round from ah! Ventures

Consumer

24 November, 2021

Edtech startup Edvizo raises $150,000 in angel round from ah! Ventures

Edvizo, an edtech startup that lets you search, compare and enroll in institutes for competitive exams, has raised $150,000 (approximately...

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