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Unacademy Sacks 350 Employees In Second Round Of Layoff: Report

An internal email to employees by Gaurav Munjal, co-founder and CEO of Unacademy group mentioned that about 10% of the group's employees would be affected by the restructuring process

07 November 2022

Hubris, Apathy, Mismanagement—Is Lido's Bankruptcy A Wake-Up Call For Other Edtechs?

Alarm bells went off in India's edtech space and the overall start-up sector this February when Sahil Sheth, founder and CEO of Lido Learning, announced that the edtech was closing down due to a fund crunch. The 1,000 to...


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Twid Raises $12 Million In Funding Round Led By Rakuten Capital

Google and ICMG Partners also participated in the Series A funding round


Indian Startup Funding Hits 2-Year Low In Q3 Of 2022 At USD 2.7 Billion: PwC India

Globally, the quarter under review produced 20 unicorns and 45 per cent of them are from the SaaS segment. No new decacorns were added in this quarter

13 October 2022

Kishore K and Kishore Y of Federal Soft Systems

Federal Soft Systems Enters the EdTech Arena

Magik Mat is a multipurpose EdTech gadget that helps in immersive learning for kids through interactive and engaging methods. Based on learning through play, it aims to boost cognitive learning in growing children. It...


Prateek Maheshwari (left), co-founder of PhysicsWallah with Alakh Pandey

Slumdog Superstar Rising Against Gravity

The story of Alakh Pandey, the founder of edtech unicorn PhysicsWallah, begins at a slum of Allahabad, pauses at the billion-dollar milestone and imagines an ending where every student in the country becomes its equal...

03 August 2022

Byju's Shifts Focus To Profitable Growth: CEO To Employees

Byju Raveendran said the education provider clocked more than Rs 1,000 crore in sales in each of the last five months and it is nearly 20 times the size of the next two competitors in the K12 (kindergarten through 12th...

20 September 2022

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upGrad Acquires Harappa Education For Rs 300 Crore

upGrad closed the transaction with present Harappa shareholders - Bodhi Tree Systems (a newly-formed platform between James Murdoch and Uday Shankar) and Co-Founders Pramath Raj Sinha and Shreyasi Singh

22 July 2022

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11 July 2022
Unacademy To Cut Down Expenses, Shut Down Global Test Prep To Focus On Profitability

Unacademy To Cut Down Expenses, Shut Down Global Test Prep To Focus On Profitability

Founder and CEO Gaurav Munjal said in an employees note that Unacademy staff will not receive complimentary meals and snacks at the office


10 July 2022
Startup Funding Declines 40% In April-June: PwC Report

Startup Funding Declines 40% In April-June: PwC Report

The early-stage deals comprised more than 60 per cent of the total with an average ticket size of USD 5 million, as per the PwC India report titled, 'Startup...


05 July 2022
Cautious Investors Reserving Cash To Support Late-Stage Start-Ups

Cautious Investors Reserving Cash To Support Late-Stage Start-Ups

Founders stare down the barrel of drying funding as cautious late-stage investors display signs of wariness about leading investment rounds 


10 June 2022
Mumbai Hard City To Live In, Take Efforts To Cut Cost Of Living: Startup Founders

Mumbai Hard City To Live In, Take Efforts To Cut Cost Of Living: Startup Founders

The city is losing out to others because of its lack of ability to build communities, which deters talent consisting of technologists who want to have a better...


10 June 2022
Ed-Tech Platform Exprto Raises Rs 5 Crore In Seed Funding From GSF, Angel List US, Others

Ed-Tech Platform Exprto Raises Rs 5 Crore In Seed Funding From GSF, Angel List US, Others

Funds raised by the education technology startup will be used to improve overall product service, accelerate growth and build new technologies, it informed


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07 June 2022
Edtech Customers Facing Infra, Quality, Refund Issues; 96% Seek Regulation: Survey

Edtech Customers Facing Infra, Quality, Refund Issues; 96% Seek Regulation: Survey

The survey was conducted across 323 districts between April 1 and May 31, 2022 and received 27,000 responses


01 June 2022
Upgrad To Hire 3,000 People In 3 Months, Close To Securing Fresh Funding

Upgrad To Hire 3,000 People In 3 Months, Close To Securing Fresh Funding

The five-year old company, which employs 4,000 people at present, will increase its workfroce to around 6,500-7,000 by August this year


06 May 2022
Edtech Firm Vedantu Lays Off 200 Employees

Edtech Firm Vedantu Lays Off 200 Employees

When contacted, the company spokesperson confirmed the development and said the firm is also hiring over 1,000 new people.


28 March 2022
Increase Tax On Cryptocurrencies, Says Sushil Kumar Modi

Increase Tax On Cryptocurrencies, Says Sushil Kumar Modi

Modi also called for regulations for online gaming, digital lending, social media and edtech


24 March 2022
Byju's Becomes Official Sponsor Of FIFA World Cup 2022

Byju's Becomes Official Sponsor Of FIFA World Cup 2022

BYJU'S is now the first Indian firm to be associated with the World Cup


11 March 2022
Byju's Raises $800 Mn In Funding Led By Founder Raveendran

Byju's Raises $800 Mn In Funding Led By Founder Raveendran

Sumeru Ventures, Vitruvian Partners, and BlackRock also participated in the funding round


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16 February 2022
Unicorn LEAD Announces ESOP Liquidation Plan Of $3 Million

Unicorn LEAD Announces ESOP Liquidation Plan Of $3 Million

The move comes at a time when LEAD is aiming for a "high growth trajectory" following the recent series E fundraise of $100 million led by WestBridge Capital...


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