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GSV Ventures

Blackstone-owned Simplilearn's revenue growth slips in FY24, EBITDA loss narrows

TMT

07 November, 2024

Blackstone-owned Simplilearn's revenue growth slips in FY24, EBITDA loss narrows

Blackstone-owned edtech startup Simplilearn’s revenue growth slipped to barely touch double digits in the financial year through March 2024, but the ......

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Tiger Global-backed Classplus eyes M&As, new offerings as cash burn reduces

TMT

28 October, 2024

Tiger Global-backed Classplus eyes M&As, new offerings as cash burn reduces

Classplus, an edtech startup backed by several venture capital investors such as Blume Ventures and Tiger Global, has enough dry ......

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Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

General

09 September, 2024

Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

PhysicsWallah is close to finalising a $150 million (nearly Rs 1,260 crore) funding round, led by Asian hedge fund Hornbill Orchid, ......

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Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

General

09 July, 2024

Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

Blackstone Inc is in advanced negotiations with the Agrawal family, who run India's largest savouries and snacks business, Haldiram's, for a ......

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Abhinay Maths and Classplus founders stuck in a legal tussle

TMT

13 March, 2024

Abhinay Maths and Classplus founders stuck in a legal tussle

Abhinay Sharma, founder of online test prep platform Abhinay Maths, has filed a police complaint against edtech startup Classplus and ......

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GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

Consumer

04 March, 2024

GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

US-based multi-stage investor GSV Ventures, which primarily backs digitised education players and upskilling companies, is set to strike a fresh ......

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WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy

Consumer

08 August, 2023

WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy

Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV Ventures among its investors, doubled its revenue in the financial year ended March 31, 2023 and continued ......

 PremjiInvest-backed BrightChamps acquires Metamorphosis Edu

TMT

27 April, 2023

PremjiInvest-backed BrightChamps acquires Metamorphosis Edu

Edtech startup BrightChamps has bought Hyderabad-based learning platform Metamorphosis Edu in a cash-and-stock deal.  However, the financial transactions of the deal ......

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

TMT

21 March, 2023

PhysicsWallah strikes maiden overseas bet with UAE firm Knowledge Planet

Edtech unicorn PhysicsWallah has acquired United Arab Emirates (UAE)-based edtech startup Knowledge Planet, marking its foray into the global market.  Financial ......

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

TMT

21 February, 2023

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, ......