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EDTECH UNICORN
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. ...- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- India's student founders are betting on deep tech — And it's reshaping the country's startup mapDeep tech has emerged as the biggest category among student-led startups in India for the first time, according to Campus Fund’s latest Sta...
- Deep tech to drive India's Unicorn 2.0 wave: Infosys co-founder Kris GopalakrishnanIndia's next generation of major startups needs deep technology and advanced manufacturing. This shift is crucial for the nation's self-rel...
- AHH names Venkatesh Tarakkad as CFO; Ritesh Pandey moves to chief business officer roleAsia Healthcare Holdings has appointed Venkatesh Tarakkad as its new Chief Financial Officer and Head of Business Development. Tarakkad bri...
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- PhysicsWallah gets tax relief as I-T dept cuts demand; contests residual ask of Rs 193 croreEdtech firm PhysicsWallah has seen its tax demand reduced from Rs 263.3 crore to Rs 192.7 crore following a rectification application. The ...
- Edtech unicorn Lead Group rejigs C-suite to chase growthEdtech unicorn Lead Group has appointed Moiz Saif as chief financial officer and promoted Deepak Hariharan to chief business officer. Other...
- Lead Group turns Ebitda positive in Q1 FY25; revenue up 25% at Rs 370 crore in FY24Attributes growth to robust demand for tech-driven, integrated solutions aligned with the National Curriculum Framework (NCF) across school...
- Fintech sector will dominate future Unicorns at USD 58 billion: Hurun reportThe total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sect...
- 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 ...
- PhysicsWallah rolls out 50 offline centres; to offer scholarships worth Rs 160 croreVidyapeeth is a tech-integrated offline classroom comprising 650 smart classrooms. The edtech unicorn is already running 11 Vidyapeeth cent...
- Edtech unicorn Lead raises Rs 160 crore in debt amid funding slowdownThe edtech unicorn plans to use the fresh capital to finance organic and inorganic growth ambitions.
- Just getting startedGrowth- and late-stage deals comprise around 85% of the total funding. Deals in all stages of funding showed growth in CY21 but growth- and...
- Edtech unicorn Vedantu slashes course costs as offline learning returnsVedantu's latest offering, Ai Live classes, offers an interactive platform backed by technology at Rs 5,000 annually. It leverages artifici...
- Edtech firm Lead announces $3 million Esop liquidation programme for its staffThe Mumbai-based firm has distributed Esops to 20% of its employees. It has in the past awarded performance Esops to reward employees for p...
- School edtech unicorn Lead elevates Ritwik Khare as COOKhare, a gold medalist MBA from FMS, Delhi has over 20 years of experience in leadership positions driving business across industries.
- Lead School becomes third unicorn of 2022 after $100 million fundingThe financing round makes Lead School the third startup to enter India’s unicorn club in 2022, after Mamaearth and Fractal AI. It is also t...
- Lead School becomes third unicorn of 2022 after $100 million fundingThe financing round makes Lead School the third startup to enter India’s unicorn club in 2022, after Mamaearth and Fractal AI. It is also t...
- upGrad enters unicorn club after funding from Temasek, IFC, IIFLEdtech startup upGrad, which competes with Byju’s and Unacademy, has closed a $185-million funding round at a valuation of $1.2 billion, th...
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