EdTech
- Business
Edtech platform LEAD acquires Pearson’s K-12 local learning biz in India
New Delhi: Edtech company LEAD on Friday announced it has entered into an agreement with leading learning company Pearson to acquire its local K-12 learning business in India for an undisclosed sum.…
- India
Byju’s wants to terminate jersey sponsorship deal with BCCI, kit sponsor MPL also wants to exit
New Delhi: Two of Indian cricket team’s main sponsors, edtech major Byju’s and MPL sports, want to exit from their sponsorship agreements with the BCCI. In June, Byju’s had extended its jersey…
- Business
upGrad to hire over 1,400 people by March 2023
Mumbai: Edtech major upGrad on Wednesday announced that it plans to hire over 1,400 team members by March 2023 to continue its growth and expansion plans to impact learners in India and…
- Technology
Homegrown edtech platform Adda247 raises $35 mn, Google new investor
New Delhi: Government test prep platform Adda247 on Wednesday said it has raised $35 million in a round led by WestBridge Capital. The round also saw Google as a new investor. The…
- Education and Career
Unacademy opens 50 new education channels on YouTube
Bengaluru: Leading edtech platform Unacademy on Monday launched 50 new education channels on Google-owned YouTube. Some of these new channels have existing content categories from Unacademy, along with new areas such as…
- Technology
Edtech startup Sunstone raises Rs 280 cr led by WestBridge Capital
New Delhi: As edtech startups and unicorns lay off employees amid the funding winter, Gurugram-based higher education platform Sunstone on Friday said it has raised $35 million (around Rs 280 crore) in…
- Business
AWS, Intel empower govtech and edtech startups in India
Hyderabad: Amazon Web Services (AWS) and chip-maker Intel recently hosted the ‘CXO Mixer’ event here to empower govtech and edtech startups, enabling them in their cloud journey to scale, transform and excel.…
- Technology
Centre pulls up edtech firms for mis-selling courses to parents, IEC responds
New Delhi: After the Centre took serious note of mis-selling of courses to parents by edtech firms including BYJU’s and its group companies, self-regulatory organisation India Edtech Consortium (IEC) on Saturday said…
- Technology
BYJU’S says received funds from 11 out of 13 VCs in Rs 3,600 cr round
New Delhi: Edtech platform BYJU’s on Monday said that the company has received funds from 11 out of 13 investors in a Rs 3,600 crore funding round which started in June last…
- Technology
Balance in $800 mn round ‘expected soon’, Aakash payments closed: BYJU’S
New Delhi: After reports surfaced that BYJU’S is yet to receive funds from US-based Sumeru Ventures, the edtech giant said on Monday that most of the funds have been received while the…
- Technology
BYJU’s says Aakash acquisition process on track, to be completed by Aug
New Delhi: Edtech giant BYJU’s on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. BYJU’s acquired Delhi-based…
- Business
BYJU’s rejigs global team as part of expansion plan as edtech space shrinks
Bengaluru: Edtech major BYJU’s on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker (which it acquired for…
- Business
BYJU’s faces litmus test as edtech bubble bursts in India
New Delhi: For Vipluv, 24, a job offer from the leading edtech company BYJU’s was like a dream come true. He, along with four-five of his friends, joined the company as Business…
- Business
Byju’s-owned WhiteHat Jr logs huge Rs 1,690 cr loss in FY21
New Delhi: Byju’s-owned online coding platform WhiteHat Jr has posted a massive Rs 1,690 crore loss in the financial year 2021, while generating an operating revenue of Rs 484 crore in the…
- Technology
BYJU’S sets up edtech subsidiary in Doha
New Delhi: BYJU’S on Monday 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 new entity…