EdTech Archives - TechStory

Unacademy Co-founder Gaurav Munjal Says Edtech is Here to Stay
"EdTech is here to stay. In fact I am more bullish on it than I ever was."

Vishvas NarayanJune 25, 2022

The education tech industry in the country has been facing massive slumps over the past year. During the coronavirus pandemic and the ensuing national lockdowns...

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Edtech Start-up Leap Raises $75M in Latest Round of Funding
San Francisco-headquartered edtech startup Leap, which also has offices in Bengaluru and Singapore, has raised over $150 million in equity since its inception.

Vishvas NarayanJune 23, 2022

Despite the education tech sector in the country shrinking and crumbling by the day, one of their players, Leap has just announced that the company has successf...

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SoftBank- backed Unacademy lays off another 150 employees
Earlier in 2021, it had laid off about 600 employees, or 10% of its entire workforce

Disha MitraJune 19, 2022

Unacademy, backed by SoftBank lays off 150 more employees.Source: Business Standard According to reports. SoftBank-backed Unacademy went on to lay off 150 m...

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Allen Founder Won’t Tolerate Educators Re-joining After Leaving for Money
Maheshwari’s comments come at a time when SoftBank-backed edtech unicorn Unacademy is opening its offline centre in Kota.

Vishvas NarayanJune 11, 2022

Brajesh Maheshwari who is one of the founders of the historic Allen Institutes, was seen in a video sent to all employees in the company where he says that the ...

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EdTech Start-up Eruditus Lays Off Multiple Employees
Eruditus joins a growing list of startups laying off employees amid a slowdown in funding

Vishvas NarayanJune 4, 2022

Eruditus, another player in the education tech industry in India has joined the band wagon and has laid off scores of their employees in a bid to increase their...

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Edtech Start-up Cuemath Raises $57Million in Latest Round of Funding
Cuemath’s fundraise comes at a time when the edtech sector in India is witnessing a significant slowdown.

Vishvas NarayanJune 3, 2022

Cuemath, an Indian based start-up company recently announced that the company has just successfully raised funds amounting $ 57 million USD in their latest...

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Edtech Start-up Udayy Fires All Employees; Shuts Down
Almost 100 employees who were a part of the organisation were laid off.

Vishvas NarayanJune 2, 2022

It seems like the education tech industry in the India has truly burst with many companies being forced to downsize and scale down their operations. Udayy, anot...

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Lido Learning Let’s Go of 1200 Employees after Not Paying Them Salaries
The company had asked more than 1,200 employees to resign abruptly in a virtual townhall meeting in the first week of February

Vishvas NarayanMay 27, 2022

Lido Learning is a start-up company based in India that is a player in the edtech field. The company failed to pay many of their employees for the first month o...

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Close to 900 WhiteHat Jr Employees Quit After Being Asked to Return to Office
Over 800 WhiteHat Jr employees have resigned from the edtech start-up after being asked to return to office.

Vishvas NarayanMay 12, 2022

Close to 900 employees of WhitHat Jr sent in their two weeks’ notice to their management and quit the education tech start-up over the past three months after t...

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Edtech Start-up Vedantu lays off 200 Employees
Vedantu’s move of laying off employees comes amid murmurs that the edtech sector in India is slowing down with schools and physical tuition classes reopening

Vishvas NarayanMay 6, 2022

It has been a rocky period for the education tech industry over the past few months, as one of its players, Vedantu took the hard decision to lay off at least 2...

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