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FUNDING IN INDIAN EDTECH
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.- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- 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...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- 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...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- 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...
- 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.
- 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...
- Semiconductor design, AI to drive India’s next innovation wave: Founders Forum CEOFounders Forum CEO Carolyn Dawson highlights India's potential to become a global tech anchor by building connective tissue with innovation...
- Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
- Edtech firm Uolo raises $7 millionUolo will direct the fresh funds towards expanding its partnerships with schools and enhancing its AI-driven learning tools. Uolo aims to d...
- Edtech firms turn to hybrid models to ace business sustainability test2025 is expected to be a crucial year for the edtech sector. Companies are focusing on sustainable practices and delivering tangible result...
- 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 ...
- 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 ...
- Indian edtech players attract $2.22 billion investments in 2020Over 90 ed-tech players have received funding in 2020, out of which 61 players received seed funding.
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