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Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.- Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy...
- PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...
- CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...
- UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
- UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- IAMAI sees ‘overreach’ in NHRC’s notice to MeitY over AI companies' DPDP breachesThe Internet and Mobile Association of India (IAMAI) has written to the Ministry of Electronics and Information Technology (MeitY), voicing...
- Lessons post-fail edtech must learnThe rapid rise and fall of the edtech sector during the pandemic highlight the need for action from investors, parents, and the Government ...
- Unrecognised get-from-India foreign degrees are not valid, UGC saysAccording to the regulations, no foreign higher education institution can offer a programme in India without receiving the Commission's app...
- Govt to support edtech industry in formalising guidelines for curbing misleading adsThe government on Monday asked edtech companies to eliminate unfair trade practices while extending support to the industry in formalising ...
- Online Ph.D programmes offered by EdTech companies with foreign varsities not recognised: UGC, AICTEEarlier this year, the UGC and the AICTE had warned their recognised varsities and institutions against offering courses in distance learni...
- Government warns edtech companies against unfair trade practicesThe meeting was attended by representatives of IAMAI, along with IEC member companies, including upGrad, BYJU'S, Unacademy, Vedantu, Great ...
- Edtech customers facing infra, quality, refund issues; 96% seek govt regulation: Survey"Sixty-nine per cent of those who have taken online coaching/learning classes have faced issues. The question in the survey asked citizens ...
- Edtech firms work to get communication right with ASCIThe Indian Edtech Consortium has held multiple conversations with Advertising Standards Council of India to finalise its code for advertisi...
- UGC, AICTE warn against "franchise arrangement" between colleges, Ed-tech companiesThe University Grants Commission (UGC) and All India Council for Technical Education (AICTE) have warned their recognised varsities and ins...
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