PhysicsWallah Edtech Unicorn Purchases an Edtech Startup FreeCo, that Clears up Doubts. NIsha Jain·August 20, 2022Physics Wallah (PW), an educational technology unicorn, has acquired ed-tech startup FreeCo to improve its current services and...NewsStartupsTech·0 Comments·0
UpGrad acquires Harappa Education for 300 crores UpGrad plans to achieve revenue growth of 65% in the upcoming fiscal to reach 4000 crore Thomas Babychan·July 24, 2022Indian EdTech giant, UpGrad made an announcement few days ago that it has completed the acquisition of Harappa...BusinessEducationEventsFuture TechIndia NewsMarketsNewsOtherPopularStartupsWorld·0 Comments·0
Toppr cofounder, Zishaan Hayath purchase luxurious apartment in Bandra Thomas Babychan·July 24, 2022According to a report by Money Control, Zishaan Hayath, cofounder of Indian edtech company, Toppr has purchased a...India NewsNews·0 Comments·0
Unacademy to go public within 2 years – CEO Gaurav Munjal EdTech company is implementing cost cutting measures in order to achieve profitability as soon as possible Thomas Babychan·July 12, 2022Chief Executive Officer of Ed-tech company Unacademy, Gaurav Munjal, said on Monday that the financial management of the...BusinessEducationIndia NewsMarketsNews·0 Comments·0
Edtech Start-up Unacademy Increases Their ESOP by 20% Unacademy's move to increase its ESOP pool comes at a time when the company laid off over 750 employees including educators Vishvas Narayan·July 10, 2022Edtech start-up, Unacademy, has recently come out to say that the company has decided to up their employee...BusinessEducationStartupsTech·0 Comments·0
Byju’s $800 million fund raise no longer on track Byju's $800 fund raise not on track after Sumeru Ventures report goes missing Isha Saha·July 5, 2022 In March, edtech company, Byju’s had declared a major $800 million fund raise. The funds were seemingly...BusinessEducationIndia News·0 Comments·0
Payments to Aakash Closed; Financial Results Will be Announced in 10 Days This comes at a time when media reports have suggested that the company is struggling to manage cash for its operations and is resorting to cutting costs aggressively Vishvas Narayan·July 4, 2022Byjus, the parent company of Aakash Educational services came out to announce on the 4th of July that...BusinessTech·0 Comments·0
Union Govt Warns Edtech Companies against Unfair Trade Practices The problem of increasing fake reviews was also a major point of concern which needed to be contained Ayush Bansal·July 3, 2022The government warned ed-tech companies on Friday against indulging in unfair trade practices, including misleading advertisements. The center...BusinessNews·0 Comments·0
Over 2,500 Employees Laid Off Across Byju’s and Its Subsidiaries Byju's has laid off full-time and contractual employees from Toppr, WhiteHat Jr, and its core teams. Vishvas Narayan·June 30, 2022 The education tech industry continues to have their mass exodus after having a booming 2 years. Although a...BusinessFuture TechStartupsTech·0 Comments·0
Byjus Delays Their $1 Billion Deal The acquisition was worth $950 million and touted as the largest in the Indian EdTech space. Vishvas Narayan·June 29, 2022Â Byjus, one of the leading companies in the ed tech sector in the country came out to announce...BusinessEducationStartupsTech·0 Comments·0