Unacademy
TMT
Sequoia Capital-backed MPL lays off 100 employees
In what appears to be a prevailing situation in the startup ecosystem, Sequoia Capital-backed Mobile Premier League (MPL) on Monday ......
Finance
Beenext tells startups to have more than 18 months runway to survive 'coldest' winter
Early-stage venture capital (VC) firm Beenext has suggested its portfolio companies to have a runway of more than 18 months ......
TMT
‘Winter is here'; Unacademy founder sounds the bugle over tough times ahead
In a candid email to his employees signalling a potential funding crunch, Gaurav Munjal, co-founder and chief executive officer of ......
TMT
Awaiting final dues, Lido Learning ex-employees take the fight to social media
Several former employees and tutors working with the once-promising edtech startup Lido Learning are awaiting their dues after over four ......
TMT
Unacademy moves to monthly vesting of ESOPS
Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief Executive ......
General
Kalpathi Group's Veranda acquires test prep institute T.I.M.E. for Rs 287 cr
Veranda Learning Solutions Pvt. Ltd, the edtech venture of Chennai-based Kalpathi Group, has acquired test prep institute T.I.M.E. for Rs ......
TMT
Elevation Capital raises $670 mn for fifth India-focussed fund
Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its fifth ......
People
Softbank-backed Unacademy axes 600 staff in cost-cutting drive
Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......
TMT
Vedantu taps into immersive live learning amid competition in edtech space
India’s second-largest online tutoring platform Vedantu Innovations Pvt. Ltd, which turned unicorn last year, on Thursday announced roll out of ......
TMT
Unicorns stumble at the hurdles in 2022 after successful sprint run
Technology startups in India, the world's third-largest startup ecosystem, had a very good run for the last two years with ......
