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Grapevine: Byju's US arm accused of hiding $500 mn; Infibeam unit plans listing

General

19 May, 2023

Grapevine: Byju's US arm accused of hiding $500 mn; Infibeam unit plans listing

Lenders have accused Byju’s US-based entity of hiding $500 million as part of a fight between creditors and the edtech ......

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WestBridge bets around $250 mn on another IT firm

TMT

17 May, 2023

WestBridge bets around $250 mn on another IT firm

WestBridge Capital, which appears to be retuning its investment strategy with bigger and bolder bets against its historical stance of ......

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

TMT

21 March, 2023

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

Edtech unicorn PhysicsWallah has acquired United Arab Emirates (UAE)-based edtech startup Knowledge Planet, marking its foray into the global market.  Financial ......

Fintech startup NeoGrowth raises $10 mn from MicroVest

Finance

17 January, 2023

Fintech startup NeoGrowth raises $10 mn from MicroVest

NeoGrowth, a non-banking finance company with a focus on micro, small and medium enterprises (MSMEs), on Tuesday said it has ......

WestBridge-backed Lead hands more pink slips within six months

TMT

11 January, 2023

WestBridge-backed Lead hands more pink slips within six months

Edtech unicorn Lead School has sacked nearly 60 more staff in its second round of layoffs in less than six ......

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PhysicsWallah earmarks $40 mn for M&As

People

27 December, 2022

PhysicsWallah earmarks $40 mn for M&As

Westbridge Capital-backed PhysicsWallah entered the upskilling segment with the acquisition of Bengaluru-based iNeuron.ai last week. But the purchase is just ......

PhysicsWallah enters PG test prep race with GATE

TMT

28 September, 2022

PhysicsWallah enters PG test prep race with GATE

Edtech unicorn PhysicsWallah has forayed into test preparations vertical for post graduate students preparing for their Graduate Aptitude Test in ......

PhysicsWallah marks first acquisition after becoming unicorn

TMT

18 August, 2022

PhysicsWallah marks first acquisition after becoming unicorn

Edtech unicorn PhysicsWallah, backed by marquee investors like Westbridge and GSV Ventures, has acquired Jaipur-based doubt-solving and resource management startup, ......

PE, VC deals decline in terms of value for first half of 2022: report

TMT

21 July, 2022

PE, VC deals decline in terms of value for first half of 2022: report

India Inc recorded deals worth $25.1 billion in private equity and venture capital investments in the first six months of ......

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Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

Finance

02 December, 2021

Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

The initial public offering of Star Health and Allied Insurance Co Ltd will cut its offer for sale (sale of ......