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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 ......

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Campus hiring may not be easy for startups this time around. Here's why

TMT

10 August, 2022

Campus hiring may not be easy for startups this time around. Here's why

Top engineering and business schools are taking a hard look at the startups turning up for campus recruitments following layoffs ......

Vedantu lays off 100 employees as part of restructuring

TMT

03 August, 2022

Vedantu lays off 100 employees as part of restructuring

In its third bout since May, online tutor Vedantu has laid off 100 employees as part of a restructuring exercise, ......

Byju's fires Toppr staff to cut costs, integrate units

TMT

29 June, 2022

Byju's fires Toppr staff to cut costs, integrate units

Edtech decacorn Byju’s has asked around 500 employees to resign from its subsidiaries Toppr and Whitehat Jr as it looks ......

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UAE-based Foundation Holdings mulls an evergreen fund

Consumer

19 May, 2022

UAE-based Foundation Holdings mulls an evergreen fund

UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year, a ......

Unicorn Byju's losses jump 30 times; sale of devices now biggest revenue churner

Consumer

03 September, 2021

Unicorn Byju's losses jump 30 times; sale of devices now biggest revenue churner

Sale of devices appeared to be the biggest contributor for Byju’s during fiscal year 2019-20 even as losses grew nearly ......

BYJU's acquires Singapore edtech Great Learning, Toppr for $750 mn

TMT

26 July, 2021

BYJU's acquires Singapore edtech Great Learning, Toppr for $750 mn

Edtech decacorn BYJU’s will spend $750 million to buy Mumbai based Toppr and Singapore based Great Learning. The two deals ......

Unacademy acquires Blume Ventures-backed TapChief

TMT

16 February, 2021

Unacademy acquires Blume Ventures-backed TapChief

Sorting Hat Technologies, which runs edtech unicorn Unacademy, has acquired a majority stake in Pilani Experts Technology Labs-owned professional networking ......

Grapevine: Byju's nears deal for Toppr; Consortium to buy Reliance Home Finance assets

General

16 February, 2021

Grapevine: Byju's nears deal for Toppr; Consortium to buy Reliance Home Finance assets

Byju’s, the edtech unicorn backed by several marquee domestic and international investors, is nearing a deal to acquire early- and ......

Freshworks, Toppr attract most VC attention this week

TMT

31 July, 2020

Freshworks, Toppr attract most VC attention this week

Steadview Capital's acquisition of a minority stake in software-as-a-service unicorn Freshworks Inc. for $85 million via a secondary transaction created ......