Edtech venture Toprankers has raised $4 million (about Rs 31.3 crore) in Series A funding from consumer fund Sixth Sense Ventures.
The hiring is a part of the company's plans to strengthen its teams in India and overseas markets to address the burgeoning demand for reskilling and upskilling, Simplilearn said in a statement
Test preparation major Aakash Educational Services (AESL), owned by Byju's, is confident of growing at 60-70 per cent this year, with its business momentum driven by market demand
He is gearing up to launch educational content in nine languages, including, Bengali, Marathi, Tamil, Telugu, Gujarati and Malayalam
Calls meeting to discuss complaints against edutech firms
Funds raised by the education technology startup will be used to improve overall product service, accelerate growth and build new technologies, the company informed.
Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".
It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.
The survey was conducted across 323 districts between April 1 and May 31, 2022 and received 27,000 responses
Firm valued at $1.1 billion in funding round led by Westbridge and GSV Ventures
The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling.
Most schools and colleges are now open. With existing funds depleting and no word on new capital, ed-tech startups are clueless about their future. How can ed-tech startups come out of this crisis?
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After two boom years, it is struggling with falling demand but exploring hybrid models as a way out
Ending all speculations after sending a cryptic tweet, BCCI President Sourav Ganguly joined hands with Noida-based edtech startup Classplus to promote thousands of educators and content creators.
BYJU'S in March announced a new partnership with QIA, the sovereign wealth fund of Qatar, to launch a new edtech business and state-of-the-art research centre in Doha
The valuation of the edtech startup has doubled to USD 407 million (about Rs 3,155 crore), post the fresh fundraising, the company said.
Founder may look at the US and Middle East, has been meeting investors and potential acquisition target firms there, say sources
Mohit Yadav, IIM-Indore alumnus with 12 years in sales across verticals, joins as VP-growth; project management exec Sujoy Ghosh takes over as VP-product
Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees