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DEBORAH QUAZZO
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- ‘Edtech may stay in the slow lane this year as companies grapple with AI’: Deborah QuazzoInvestments in edtech are slow, with AI integration becoming essential. Deborah Quazzo of GSV Ventures cites Byju’s as a cautionary tale fo...
- Banks eye fintech turf; Sluggish year for edtech investmentsHappy Wednesday! Banks are intensifying competition with fintechs in merchant payments and beyond. This and more in today’s ETtech Morning ...
- Government of Andhra Pradesh and PW partner to establish deep-tech AI-focussed first Institute of Eminence (IoE)Andhra Pradesh Government and PhysicsWallah (PW) partnered to establish the University of Innovation (UoI), aiming to become the state's fi...
- Hornbill Orchid in talks to lead PhysicsWallah's $150-million funding at $2.8 billion valuationThis will be the second funding round for PhysicsWallah, started by Alakh Pandey, a popular teacher, in 2016 as a YouTube channel providing...
- How consolidation is taking hold in fund-starved edtech sectorAccording to industry executives, the consolidation is being driven by the fact that smaller companies often offer unique propositions and ...
- Schoolnet acquires Housing cofounder's startup Genius Teacher in edtech consolidationAmid consolidation in the sector, Housing.com cofounder Advitiya Sharma's edtech startup Genius Teacher, a quiz-based e-learning platform f...
- When Byju’s made its presence felt, in absence; and other top stories this weekUpgrad cofounder Ronnie Screwvala huddled up with a group of founders and edtech leaders to discuss the way forward from the perception hit...
- Ronnie Screwvala meets edtech founders to discuss impact of Byju's controversyThe founders aimed to change the narrative around edtech, shifting it away from being seen as a 'predatory space' to highlighting its posit...
- Edtech sector needs change with frugality: Ronnie ScrewvalaMany entrepreneurs prioritise raising funds as their first step, when it should actually be fifth on their list of priorities, the executiv...
- Post Byju’s, investors worried about governance at startups: GSV Ventures' Deborah QuazzoGSV Ventures has backed Indian edtech unicorns including Eruditus, Lead, PhysicsWallah as well as startups like Classplus. Deborah Quazzo a...
- Oyo may pause IPO plans; GSV Ventures' Deborah Quazzo on Byju's and edtechOyo's initial IPO attempt hit a snag in January 2023 when the regulator sent its papers back for revisions. Following this, the SoftBank-ba...
- US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billionThe markdown has translated to a valuation of about $2.9 billion as of March 31, 2023, a drop from $3.2 billion in August 2021, a price at ...
- Edtech: M&A talks gain momentum amid a prolonged funding crunchEven as the winter recedes from the capital, the chilly undercurrent of the funding winter was palpable at the GSV Emeritus India Summit, o...
- Ted Sarandos says Netflix is heavily invested in India; EV two-wheeler sales may miss targetsNetflix co-CEO Ted Sarandos told ET that the immediate priority for him is to focus on growth while creating new products after an eventful...
- Funding crunch healthy for startups as it’ll bring profitability to the fore: GSV’s Deborah QuazzoDeborah Quazzo told ET during an exclusive interaction that the pace of investments has slowed down in both the US and India and is likely ...
- Edtech firm AntWalk raises $7.5 million in funding led by GSV VenturesAntWalk will use the funds to strengthen its Learning Experience Platform (LXP) using gamification, build its content pedagogy through R&D,...
- Startups bring in industry veterans as advisors to help scale upDemand for such advisors in the startup ecosystem has soared three to four times since pre-Covid levels, executive search firms have said.
- Edtech startup Classplus raises $65 million from Tiger Global, othersEdtech startup Classplus will use the funding from Tiger Global for expanding its product line, building more products for the educator com...
- Edtech startup CoLearn gets $10 million in Series A fundingThe CoLearn funding from investors Alpha Wave Incubation and GSV Ventures comes at a time when the Indonesia-focused edtech startup is look...
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