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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 ......

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PhysicsWallah earmarks $40 mn for M&As

People

27 December, 2022

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 ......

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LEAD School, Apna-backer GSV Ventures eyes final close of $300 mn fund by March

TMT

14 December, 2021

LEAD School, Apna-backer GSV Ventures eyes final close of $300 mn fund by March

Global ed-tech venture capital firm GSV Ventures, which is known for its investment in Coursera and Indian startups such as ......

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Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

TMT

30 April, 2021

Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

Dealmaking value in the fourth week of the financial year topped the blockbuster first week that saw the birth of ......