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Edtech
Edtech News
Edtech
15 Apr 2024
Edtech Firm upGrad Created 55,000 Jobs In FY24
Interestingly, upGrad's free courses in GenAI, Data, AI/ML, and technology, witnessed over 1.4 lakh enrollments.
BYJU
09 Apr 2024
Byju's Starts Paying March Salary To Employees
The company raised USD 200 million through rights issue to meet its operational requirements, including expenses related to employees' salaries.
Adda247
15 Oct 2023
Govt Exams-Focused EdTech Adda247 Cuts 250-300 Jobs Across Verticals: Report
Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byju's has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”.
Edtech
25 Jun 2023
81% Of Edtech Platform Users Face Refund, Trust Issues: Survey
The query around the kind of issues that edtech users face received nearly 12,000 responses comprising issues around teaching staff changes/ effectiveness issues, refund issues, and trust issues like false promises and transparency issues.
Byju's
25 Jun 2023
BYJU's To File 2022 Earnings By September, Company Informs Investor
Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022. Board members representing Peak XV Partners, earlier known as Sequoia Capital India, Prosus and Chan Zuckerberg Initiative also stepped down, without publicly expressing their reasons
Edtech
10 Jan 2023
'EdTech is less about tech, more about how it is used', says Piyush Chauhan
This clear disparity between rich and poor, educated and uneducated, is a painful reminder of India’s quest to bridge inequality in education that has existed for so long and because of numerous reasons. Additionally, it’s also an image of the country’s brightest minds fighting to change, as they join the mad rush up the professional and social class ladder.
Market techniques
16 Dec 2022
S Chand: Incorporating NEP and eyeing greater market share
Amid the cooling down of the edtech craze and the looming challenges of global headwinds, very few businesses are equipped to usher in the new era of learning, which requires innovation and operational efficiencies laced with financial viability. S Chand and Company Limited, one of India’s leading and oldest education content companies laid down a blueprint of how it intends to tackle the challenges and incorporate the changes during their Q2FY23 earnings.
Edtech
07 Nov 2022
This edtech company FIRES nearly all employees from India team
Poland-based edtech platform Brainly claims to have a user base of more than 5.5 crore Indian students, parents and teachers who rely on the platform to accelerate learning through its doubt clearance classes.
Sequoia India
26 Oct 2022
Sequoia India may invest $50 mn in homegrown edtech startup
According to a TechCrunch report on Tuesday, K12 Techno Services which has raised more than $75 million in previous rounds and also engaged with TPG and Accel decided to go with existing backer Sequoia India.
Vedantu
13 Oct 2022
Vedantu takes majority stake in test prep platform Deeksha for $40 mn
Deeksha is one of the leading K-12 test preparation players in Karnataka and according to Vedantu, this strategic partnership will further its hybrid education strategy.
Educational technology
23 Aug 2022
Imarticus Learning: A Decade-long Success Story!
With a vision to minimise this skill gap, Imarticus Learning started its journey in 2012 under the able leadership of Nikhil Barshikar and Sonya Hooja and eventually became the best edtech company of the present times.
upGrad
22 Jul 2022
upGrad acquires edtech platform Harappa Education for Rs 300 crore
upGrad has acquired Harappa Education for Rs 300 crore. Harappa Education offers self-paced courses. upGrad has a learner base of over 3 million across over 100 countries.
Edtech
01 Jul 2022
Centre warns edtech companies against unfair trade practices
The increase in fake review in the edtech space and ways to curb it were also dicussed during a meeting. IEC runs under the aegis of Internet and Mobile Association of India (IAMAI).
Edtech
09 Jun 2022
Edtech startup PhysicsWallah becomes India's 101st unicorn, raises $100 mn
PhysicsWallah said it will utilise these funds raised for business expansion, branding, opening more learning centres, and introducing more course offerings.
India
03 Jun 2022
20k tech startups' employees fired globally in past few months
VC money is disappearing amid economic slowdown At least 20,514 people have lost their jobs at tech startups globally since April The VC firms are advising startups to focus on sustainable growth
Sourav Ganguly
03 Jun 2022
Sourav Ganguly joins hands with Noida-based edtech startup Classplus
Ganguly also took to social media to announce this initiative, upon completing 30 years in Indian cricket. In the 30-second clip, Ganguly is heard saying, "The first step towards achieving your dreams is having the right coach."
Ashneer Grover
01 Jun 2022
Ashneer Grover advises VCs to ‘right-size’ themselves before guiding startups
The fact is VCs firms need to right-size their own teams by 80% The VC firms are advising startups to focus on sustainable growth Startups are facing the heat as the funding winter is here
Manish Maheshwari
27 May 2022
Ex-Twitter India head Manish Maheshwari quits 6-month-old edtech startup
Invact Metaversity had raised capital from more than 70 individual investors. Maheshwari earlier envisioned building a virtual-first curriculum and expanding into Europe and the US.
Unacademy
26 May 2022
Unacademy urges staff to focus on profitability at all costs to survive winter
Unacademy last week announced its foray into opening physical tuition centers Edtech platforms are seeing a significant dip in demand for online learning Edtech startup Lido Learning which is backed by top entrepreneur Ronnie Screwvala
Edtech Startups
18 May 2022
Layoffs, pivots, restructures: Edtech startups feel the pinch as schools open
Vedantu, White Hat Jr, Lido Learning and Unacademy, among other startups, have laid off employees. Vedantu has recently fired about 424 employees. Lido Learning shut shop early this year.
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