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Softbank-backed Unacademy sacks 150 staff in second layoff drive

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19 June, 2022

Softbank-backed Unacademy sacks 150 staff in second layoff drive

Edtech unicorn Unacademy has asked 150 employees to leave after a performance improvement plan. This comes after Unacademy,...

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

People

16 June, 2022

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

Edtech unicorn Unacademy has appointed Sunil Baby as chief business officer to spearhead growth and expansion of its offline network.  The...

Web3 firm DAOLens snags $5 mn in pre-seed round

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15 June, 2022

Web3 firm DAOLens snags $5 mn in pre-seed round

Bengaluru-based Web3 startup DAOLens on Wednesday said it has secured pre-seed funding of $5 million (around Rs 38.5 crore) co-led...

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In edtech vs coaching cos, teachers win

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13 June, 2022

In edtech vs coaching cos, teachers win

As edtech firms eye a slice of the offline coaching industry, a scramble for experienced teachers has broken out in ......

Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff

TMT

03 June, 2022

Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff

Executive education platform Eruditus has laid off a section of its employee, joining other edtech unicorns such as Vedantu and...

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Edtech churn disrupts online teaching, brings tutors back to classroom

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01 June, 2022

Edtech churn disrupts online teaching, brings tutors back to classroom

Ranjita L, a mathematics teacher at St Mary’s Convent School in Ghaziabad, is back in the classroom – the chalk-and-blackboard...

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The despair of new economy workers as the funding crunch hits home

People

31 May, 2022

The despair of new economy workers as the funding crunch hits home

On his wedding day, Mayank Dubey, a senior business development associate at edtech startup Lido Learning, was told that his ......

Sequoia Capital-backed MPL lays off 100 employees

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30 May, 2022

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...

Beenext tells startups to have more than 18 months runway to survive 'coldest' winter

Finance

27 May, 2022

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 ......

‘Winter is here'; Unacademy founder sounds the bugle over tough times ahead

TMT

26 May, 2022

‘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...

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