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SoftBank-backed Unacademy to lay off 12% of staff

TMT

30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......

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Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

TMT

29 March, 2023

Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset managers including Tiger Global and ......

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How Indian tutors are getting paid like Ivy League professors

TMT

24 March, 2023

How Indian tutors are getting paid like Ivy League professors

Edtech companies are offering lucrative packages and perks to lure top talent from their competitors as they prepare for the ......

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Unacademy eyes stake in Byju's-owned Aakash

TMT

23 March, 2023

Unacademy eyes stake in Byju's-owned Aakash

Edtech firm Unacademy, which counts Singapore's Temasek, Japan's SoftBank and US-based General Atlantic and Tiger Global among its backers, is in ......

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Temasek strikes 5x in India exit move

Consumer

21 March, 2023

Temasek strikes 5x in India exit move

Singapore state investment firm Temasek Holdings, which has been on a hectic investment as well as exit activity in India ......

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

TMT

21 February, 2023

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

India is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, ......

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Startups pivot towards stock sops as funding crunch deepens

TMT

17 February, 2023

Startups pivot towards stock sops as funding crunch deepens

Startups are pivoting from cash bonuses to stock options and other long-term incentives to retain talent as they look to ......

No cash appraisals at Unacademy this year: CEO

Finance

02 February, 2023

No cash appraisals at Unacademy this year: CEO

SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief executive officer (CEO) Gaurav ......

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Funding value drops as early-stage deals lead in ecosystem this week

Finance

13 January, 2023

Funding value drops as early-stage deals lead in ecosystem this week

Venture capital and private equity funding activity remained subdued in terms of value this week, as early-stage funding took precedence ......

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

TMT

11 January, 2023

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

Edtech unicorn Unacademy will be letting go of 20% workforce from its subsidiary Relevel as the parent entity plans to ......