Vedantu Archives - TechStory

Tiger Global-backed Vedantu’s loss widens to Rs 700 crore in FY22
Vedantu had reported a loss of Rs 616 crore in FY21. It spent Rs 489 crore on employees in FY22, 20 percent more than a year earlier.

Kratigya Manjhu·February 1, 2023

Tiger Global-backed Vedantu’s loss widens to Rs 700 crore in FY22 Vedantu, an edtech stage supported through method...

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Lido Learning seeks financial protection

Birupaksh Kaundilya·September 9, 2022

Educational corporation Lido Learning board handed a choice to record an application below Section 10 of the Insolvency...

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Vedantu lays off another 100 employees in a cost cutting strategy

Aayush Pathak·August 3, 2022

Famous edtech startup Vedantu has given pink slips to 100 employees in the month of July as part...

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Vedantu Will lay off 424 Staff due to “Scarcity of capital.”

NIsha Jain·May 19, 2022

According to its co-founder and Chief Executive Officer Vamsi Krishna, Edtech unicorn Vedantu is laying off 424 employees,...

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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 Narayan·May 6, 2022

It has been a rocky period for the education tech industry over the past few months, as one...

Business Education News Startups

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EdTech firms can’t be allowed to offer Degrees or Diplomas, says AICTE chairman

Balraj·January 31, 2022

The government is not hostile to EdTech firms, according to Anil Sahasrabudhe, chairman of the All India Council...

Education India News Startups

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A student does her school work on an iPad

Government issues advisory for parents, students engaging with edtech services in India

Balraj·December 25, 2021

The Ministry of Education has released an advisory notice with a detailed set of warnings for parents who...

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Vedantu announces first ESOP buyback worth $3M for eligible employees

Balraj·November 28, 2021

Vedantu, an online teaching platform, has announced its first share liquidity exercise under the Employee Stock Ownership Plan...

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Larsen & Toubro launches L&T EduTech, appoints Sabyasachi Das as CEO

Balraj·October 17, 2021

Larsen & Toubro (L&T), an industrial behemoth, has penetrated India’s booming ed-tech sector with the launch of L&T...

Business Education India News Learning Tech

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Funding News: Meesho, OfBusiness, Ola Electric among others raised $1.5 billion this week

Balraj·October 4, 2021

The last week of September proved to be a record-breaking week for the Indian startup ecosystem. The Indian...

Business India News Startups

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