Edtech startup BYJU’S raised $49 million from its Singapore parent entity Byju’s Holdings 1 Pte Ltd
India’s most valued edtech startup BYJU’S raised $49 million from its Singapore parent entity Byju’s Holdings 1 Pte Ltd. Byju's Holdings...
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- Sep 26
- 1 min
BYJU's pays $234 million to clears Blackstone's dues for Aakash Deal
Indian edtech platform BYJU’S reportedly paid $234 million to private equity (PE) firm Blackstone as part of its $950 million acquisition...
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- Sep 24
- 1 min
BYJU’S again failed to clear Blackstone’s dues
In what appears to be yet another setback for BYJU's, the edtech giant has reportedly missed yet another deadline to pay more than INR...
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- Sep 22
- 1 min
Edtech platform Bhanzu raised $15 million in Serie led by global investment firm Eight Roads Venture
Edtech platform Bhanzu raised $15 million in Serie led by global investment firm Eight Roads Ventures where B Capital also participated....
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- Sep 13
- 1 min
BYJU's FY21 financials will be released tomorrow; audited revenue may be lower than expected
Edtech major BYJU'S is set to release its financial statements for the fiscal year ended March 31, 2021, on Wednesday (September 14),...
Startup News
- Aug 29
- 2 min
Abu Dhabi’s sovereign wealth funds in talks for BYJU’S $500 million fundraising
Abu Dhabi’s sovereign wealth funds are in active negotiations with its parent company Think and Learn Pvt Ltd. On the other hand, Qatar...
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- Aug 25
- 1 min
Edtech startup BrightCHAMPS acquired live-learning platform for kids, Schola
Edtech startup BrightCHAMPS acquired Singapore-based live-learning platform for kids, Schola, in a $15 Mn cash and stock deal. The...
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- Aug 18
- 1 min
Edtech platform PhysicsWallah acquired edtech startup FreeCo
Edtech platform PhysicsWallah acquired edtech startup FreeCo. However, it didn’t disclose the financial details of the deal....
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- Aug 3
- 1 min
Edtech giant Unacademy suspended the contracts of its educators for six months
Edtech giant Unacademy suspended the contracts of its NEET and JEE doubt-solving educators for six months as a part of its cost cutting...
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- Aug 3
- 1 min
Edtech startup upGrad acquired test-preparation startup Exampur
Edtech startup upGrad acquired test-preparation startup Exampur in an undisclosed deal. UpGrad said in its fifth acquisition this year...
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- Jul 29
- 1 min
Coaching institutes and hybrid education centres to approach PMO against the edtech startups
The ongoing battle between offline education centres and edtech companies is set to heat up as some of India's top coaching institutes an...
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- Jul 23
- 1 min
BYJU’S Divya Gokulnath calls BCCI dues reports "Hearsay"
The Board for Control of Cricket in India (BCCI) claimed that there was a 'deliberate leak' after the apex council meeting following...
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- Jul 23
- 1 min
Edtech unicorn upGrad acquired Harappa Education for $38 million
Edtech unicorn upGrad acquired Harappa Education for $38 million in a mix of cash and share-swap deal. Harappa provides self-paced...
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- Jul 22
- 1 min
Edtech platform for kids Creative Galileo raised $7.5 million in funds from Kalaari Capital
Edtech platform for kids Creative Galileo raised $7.5 million in funds from Kalaari Capital where Affirma Capital, East Ventures, Valiant...
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- Jul 20
- 1 min
Edtech startup xQ raised $1.4 million from a small group of high-net-worth individuals
xQ, an edtech startup that teaches young people how to make videos, raised $1.4 million from a small group of high-net-worth individuals...
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- Jul 18
- 1 min
Edtech Consortium responds to charges of mis-selling, claims safeguards are in place
Following reports of the government chastising edtech companies for mis-selling courses, the Indian Edtech Consortium (IEC) issued a...
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- Jul 15
- 1 min
Edtech unicorn upGrad acquired WOLVES India for an undisclosed amount
upGrad Rekrut, a 100% subsidiary of edtech unicorn upGrad acquired a recruitment and staffing company WOLVES India, for an undisclosed...
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- Jul 12
- 1 min
Unacademy slashing unnecessary expenses to focus on profitability
Unacademy stated in an email to employees that it is cutting unnecessary expenses in order to focus on becoming profitable as soon as...
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- Jul 11
- 1 min
Byju's struggling to close $800 million in funding
Byju's, an Indian online education provider, is struggling to close a $800 million funding round as a global technology rout weighs on...
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- Jul 11
- 1 min
Unacademy to shut down US test prep operations
Unacademy, which launched its global test preparation platform USMLE earlier this year, will be closing its international operations in...