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Imarticus to acquire Skillenza after common investor push

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08 July, 2022

Imarticus to acquire Skillenza after common investor push

Digital learning platform Imarticus Learning Pvt Ltd is in advanced talks to acquire data driven skill acceleration platform Skillenza in ......

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Blackstone to add up to 1% of Byju's post Aakash merger

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06 July, 2022

Blackstone to add up to 1% of Byju's post Aakash merger

US private equity firm Blackstone Inc. will get an additional 0.75%-1% stake in Byju’s after the completion of a merger ......

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In FY22, South Africa's Prosus Ventures mostly invested in India

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27 June, 2022

In FY22, South Africa's Prosus Ventures mostly invested in India

In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Finance

24 June, 2022

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Lightspeed, known for its bets on Byju’s, Oyo Rooms and ShareChat, has kickstarted the process to raise its new India-focused ......

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

People

16 June, 2022

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

Edtech unicorn Unacademy has appointed Sunil Baby as chief business officer to spearhead growth and expansion of its offline network.  The ......

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In edtech vs coaching cos, teachers win

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13 June, 2022

In edtech vs coaching cos, teachers win

As edtech firms eye a slice of the offline coaching industry, a scramble for experienced teachers has broken out in ......

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UAE-based Foundation Holdings mulls an evergreen fund

Consumer

19 May, 2022

UAE-based Foundation Holdings mulls an evergreen fund

UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year, a ......

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Brace for more layoffs, recruiters say

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17 May, 2022

Brace for more layoffs, recruiters say

The startup sector could let go of about 5,000 employees over the next couple of quarters as they face pressure ......

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Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Finance

13 May, 2022

Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Companies raised $1.04 billion in venture capital (VC) and private equity (PE) funding this week, nearly 54% higher than the ......

Byju's-owned Great Learning buys Northwest Executive Education

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11 May, 2022

Byju's-owned Great Learning buys Northwest Executive Education

Byju’s-owned upskilling platform Great Learning has acquired Singapore-based Northwest Executive Education in a cash and equity deal.  The company did not ......