Byju’s
TMT
Sula backer Verlinvest's India strategy for early-stage investment arm
Family-backed investor Verlinvest, which generally backs companies in the growth stage, is now looking to invest in Indian startups through ......
TMT
Two investors knock down Byju's valuation to less than half
At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......
TMT
SoftBank-backed Unacademy to lay off 12% of staff
Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......
TMT
Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation
Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset managers including Tiger Global and ......
General
Grapevine: BPEA EQT, Cholamandalam, ADIA eye deals; Byju's seeks Aakash funding
BPEA EQT, formerly Baring PE Asia, is in advanced discussions to acquire a stake in Shriram Housing Finance Ltd (SHFL), ......
TMT
Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive
India is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, ......
Finance
CPP Investments commits Rs 1,800 cr to India in 3rd quarter
Canada Pension Plan Investment Board (CPP Investments), Canada’s largest pension fund manager, has committed a total of nearly Rs 1,800 ......
TMT
Classplus backs test prep app Abhinay Maths
Test preparation app Abhinay Maths has raised an undisclosed capital from edtech platform Classplus. Noida-based Abhinay Maths plans to use the ......
TMT
B Capital marks final close of third fund at $2.1 billion
US venture capital firm B Capital Group, which has backed Indian startups such as Byju’s, Meesho and BlackBuck, on Thursday ......
Healthcare
ASG Hospital earmarks $123 mn for inorganic bets
Ophthalmology-focused ASG Hospital Pvt. Ltd. has kept aside over Rs 1,000 crore ($122.8 million) as part of its inorganic strategy ......
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