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Why PhysicsWallah backer WestBridge is still keen on edtech despite Byju's downfall

TMT

12 March, 2025

Why PhysicsWallah backer WestBridge is still keen on edtech despite Byju's downfall

Private equity firm WestBridge Capital will continue to look for investment opportunities in India’s edtech sector, a top executive told ......

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Byju's collapse aside, how are other Indian edtech unicorns faring?

TMT

18 February, 2025

Byju's collapse aside, how are other Indian edtech unicorns faring?

Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy

Consumer

08 August, 2023

WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy

Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV Ventures among its investors, doubled its revenue in the financial year ended March 31, 2023 and continued ......

Meesho backer Good Capital floats second fund, to sign bigger cheques

Finance

30 June, 2023

Meesho backer Good Capital floats second fund, to sign bigger cheques

Good Capital, an early-stage investor in unicorns such as Meesho and Lead school, has launched its second fund worth $50 ......

Lead snags $20 mn from Alteria, Stride Ventures, others

TMT

11 January, 2023

Lead snags $20 mn from Alteria, Stride Ventures, others

Edtech unicorn Lead School on Wednesday said it has raised Rs 160 crore ($20 million) in a debt funding round ......

WestBridge-backed Lead hands more pink slips within six months

TMT

11 January, 2023

WestBridge-backed Lead hands more pink slips within six months

Edtech unicorn Lead School has sacked nearly 60 more staff in its second round of layoffs in less than six ......

Lead's loss surges 3x; Unicorn optimistic about this FY

Finance

03 January, 2023

Lead's loss surges 3x; Unicorn optimistic about this FY

Edtech unicorn Lead School witnessed a 3.1x jump in its net loss, to Rs 397.1 crore in FY22 from Rs ......

Fund floated by entrepreneurs invests in over 45 startups in 2022

TMT

29 December, 2022

Fund floated by entrepreneurs invests in over 45 startups in 2022

Bharat Founders Fund , a venture capital fund floated by a group of over 70 Indian entrepreneurs, on Thursday said ......

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

TMT

11 April, 2022

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

India Inc witnessed a 92% increase in investment value to $9.4 billion with 441 deals recorded until March end of ......

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