Edtech
Infrastructure
Startups, tech firms cut 20,000 jobs in six months
Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......
TMT
Google-backed Adda247 gears up for inorganic push
Google-backed government job preparation platform, Adda247 will spend $20 million (Rs 162.2 crore) for acquisitions in the coming year. The ......
Finance
Early backers look to sell stakes in Byju's
Byju’s early investors, including Lightspeed Investment Partners and Chan Zuckerberg, are seeking buyers for their partial or full stakes in ......
TMT
Flashback 2022: A roller-coaster ride for the edtech sector
The year 2022 can very well be touted as a tumultuous one for the Indian edtech or the education technology ......
People
PhysicsWallah earmarks $40 mn for M&As
Westbridge Capital-backed PhysicsWallah entered the upskilling segment with the acquisition of Bengaluru-based iNeuron.ai last week. But the purchase is just ......
TMT
Rajasthan state plans fourth venture capital fund
State-backed Rajasthan Venture Capital fund (RVCF) is seeking to raise as much as Rs 250 crore (about $30.4 million) for ......
Finance
Deals Digest: Companies raise $220 mn; three edtech acquisitions this week
Investments by venture capital (VC) and private equity (PE) firms dropped 24.4% to $220 million this week versus $291 million ......
General
Vedantu acquires majority stake in test prep platform Deeksha
Edtech company Vedantu, on Thursday, said it has acquired a majority stake in test preparation platform Deeksha for $40 million. ......
Finance
Here's why the nation's startup valuation race mustn't be reckless
There is a popular saying that a crisis is all you need to separate the strong from the weak. The ......
Infrastructure
Sequoia-backed K12 Techno Services set to raise fresh funding
K12 Techno Services Pvt. Ltd, which runs the chain of Orchids international schools, is in advanced stages to raise $75 ......