Page 31 - Edtech

Whitehat's Trupti Mukker named COO for Byju's International business

In her new position, Mukker will oversee cross-functional operations and integration of multiple businesses as Byju's continues to expand globally.

Byju's CEO pumps 50% of $800 mn in latest fundraise; valuation tops $22 bn

In June 2021, Byju's became India's most valuable unicorn

Edtech company Byju's has to get $1.2-billion term loan rated by August

The company last year had exhausted its limit for corporate guarantees which are capped at $1 billion per year, primarily to fund acquisitions overseas

Unacademy layoffs: What's stressing India's edtech sector?

Around 1,000 employees of Unacademy were laid off recently. Experts believe, it was trying to control cash burn after hiring to meet ambitious targets. So what is the road ahead for ed-tech sector?

BYJU's faces litmus test as edtech bubble bursts in India

As India reopens amid 'hybrid normal' and schools and colleges return to normal, edtech platforms see a significant dip in the demand for online learning

Covid-19 lesson for edtech companies, coaching centres: Go Hybrid

In a post-pandemic world, traditional test preparation players such as ALLEN and Aakash are looking to grow in both directions - online and offline

Byju's in talks to acquire US target, likely to bid for Chegg or 2U

The Indian education pioneer is the country's most valuable startup, with a valuation of $22 billion

Edtech's learning disability

A self-regulatory forum meets the problem only halfway

Over 800 WhiteHat Jr workers resign when asked to work from office: Report

The employees who resigned didn't want to relocate to their respective office locations

Edtech firm iNurture raises $15 mn from ADM Capital in debt and equity

Currently, the company has partnerships with over 30 university campuses across India, offering over 50 programmes on campus, and has more than 15,000 students enrolled in these programmes.

Veranda Learning Solutions IPO subscribed 74% on first day of offer

The initial public offering of Veranda Learning Solutions Limited received 74 per cent subscription on the first day on Tuesday

VC investments fall 25% sequentially in Q1CY22: KPMG's Venture Pulse report

Rising commodity prices, geopolitical uncertainty weigh on sentiment: KPMG report

Edtech startup Newton School raises $25 mn from Steadview Capital, others

Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.

Newton School secures $25 mn in funding led by Steadview Capital

The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said

Edtech entrepreneur Ashwin Damera invests Rs 240 cr in InnoVen Capital Fund

Damera is co-founder of Eruditus and Emeritus, a leading global ed-tech platform currently valued at $3.2 billion

Byju's names Amazon veteran VP tech as it scales up learning products

In his new role, Vedhanarayanan Ganeshkumar will also build and lead a talented team of engineers, software development managers, product managers, program managers

TMS Ep147: Edtech sector, electric two-wheelers, IT sector Q4, KYC

What's stressing India's edtech sector? Moment of reckoning for electric two-wheeler makers? Will the IT sector deliver a stellar show in Q4? What is KYC? Find all answers here

SoftBank-backed Unacademy lays off 600 employees in cost-cutting drive

That's nearly 10% of the company's workforce and comes in the aftermath of the pandemic; the move follows termination if 100 staffers from PropLadder team in March

Talentedge's owner takes stake in upGrad at $2 bn value after integration

Edtech major upGrad on Thursday said it has integrated all of Talentedge's business, which will operate under its own name

Edtech unicorns go hybrid to tap India's $180 billion education sector

Innovations and strategies in the works to build offline presence