Vedantu
Finance
Aye Finance backer ABC Impact closes second fund at over $600 mn
Singapore-based impact investment firm ABC Impact, whose Indian portfolio includes edtech unicorn Vedantu, healthcare chain DCDC Kidney Care, and IPO-bound ......
General
Grapevine: Vedantu, Blackstone, AkzoNobel, Peak XV, and Amazon in news
Edtech startup Vedantu is planning an initial public offering between late 2026 and 2027 as it moves closer to profitability, ......
TMT
Why PhysicsWallah backer WestBridge is still keen on edtech despite Byju's downfall
Private equity firm WestBridge Capital will continue to look for investment opportunities in India’s edtech sector, a top executive told ......
TMT
Byju's collapse aside, how are other Indian edtech unicorns faring?
Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
TMT
How Byju's stacked up against Unacademy and other edtech unicorns in FY22
Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......
Consumer
Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO
Test preparation centre Allen Career Institute, which counts James Murdoch and Uday Shankar-backed Bodhi Tree Systems as its key investor, ......
TMT
How edtech startup ixamBee was valued in new funding round
Government jobs-focussed learning platform ixamBee, which counts Mumbai Angels and Jito Angel Network as its investors, has received funding from ......
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 ......