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Byju's to lay off 2,500 employees

TMT

12 October, 2022

Byju's to lay off 2,500 employees

Edtech unicorn Byju’s on Wednesday said it will lay off 2,500 employees accounting for 5% of its workforce over the ......

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

TMT

28 April, 2022

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

Singapore state investment firm Temasek Holdings has announced an investment of $162.5 million (Rs 1,245 crore) in three funds owned ......

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Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Consumer

08 June, 2020

Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Aakash Educational Services Ltd, one of the leading test-preparation companies in India, bolstered its presence in the digital world through ......

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Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

TMT

15 January, 2020

Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

Naukri parent Info Edge (India) Ltd bought a stake in Zomato in 2010 which went on to become a unicorn. ......

Blackstone-backed Aakash to take control of ed-tech firm Meritnation

TMT

03 January, 2020

Blackstone-backed Aakash to take control of ed-tech firm Meritnation

Test preparation company Aakash Educational Services Ltd is buying a majority stake in ed-tech firm Meritnation, sealing its first acquisition ......

Sequoia, three other VC firms invest $21 million more in Unacademy

TMT

17 July, 2018

Sequoia, three other VC firms invest $21 million more in Unacademy

Online learning platform Unacademy has raised $21 million (Rs 144 crore) from existing investors Sequoia Capital, Nexus Venture Partners and ......

Naukri owner Info Edge invests $872K in ed-tech platform NoPaperForms

TMT

09 November, 2017

Naukri owner Info Edge invests $872K in ed-tech platform NoPaperForms

Info Edge (India) Ltd, which owns job portal Naukri.com, has invested Rs 5.66 crore (about $872,000) in Delhi-based NoPaperForms Solutions ......

Info Edge ups stake in Meritnation with $5.87 mn top-up

TMT

03 November, 2017

Info Edge ups stake in Meritnation with $5.87 mn top-up

Info Edge India Ltd, which owns job portal Naukri.com, has invested Rs 37.93 crore ($5.87 million) in a fresh round ......

Matrix Partners invests in online test prep startup Testbook

TMT

03 April, 2017

Matrix Partners invests in online test prep startup Testbook

Testbook.com, an online test preparation platform for competitive exams, has raised an undisclosed amount in unding from venture capital firm ......

Nexus, Blume Ventures lead $4.5-mn funding round in Unacademy

TMT

13 January, 2017

Nexus, Blume Ventures lead $4.5-mn funding round in Unacademy

Online learning platform Unacademy, run by Sorting Hat Technologies Pvt. Ltd., has raised $4.5 million (Rs 30 crore) in Series ......