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‘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...
- 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...
- Edtech startup Physics Wallah lays off 120 staffers after performance evaluationThe decision, undertaken after a mid-term appraisal analysis ended in October, is aimed at ensuring Physics Wallah’s primary focus on maint...
- Physics Wallah to acquire 50% stake in Xylem for Rs 500 crore over three yearsThe deal involves the purchase of fresh shares and a part of the stake held by Xylem’s existing investors in cash and stock. A portion of t...
- Simplilearn appoints Andrew Wait to board of membersIn addition to GSV Ventures, Clal Insurance and DisruptAD, ADQ’s venture platform, were also part of the round. In 2021, Simplilearn attrac...
- PhysicsWallah, Utkarsh Classes form JV; firms to jointly foray into new test-prep categoriesThe companies said in a statement that under the partnership, Utkarsh Classes will continue to lead expansion of the government test prepar...
- EU antitrust regulators to decide on Google's Photomath acquisition by March 28The EU competition enforcer can clear the deal with or without remedies after its preliminary review or it can open a four-month-long inves...
- 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 Simplilearn raises $45 million in funding led by GSV VenturesFounded in 2010, Simplilearn offers digital skilling programmes for professionals, enabling learners to upskill and get certified in fast-g...
- ETtech Deals Digest: Investors continue to exercise cautionFor the second week, no big funding took place as VCs continued to exercise caution in an uncertain economic environment.
- 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,...
- 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...
- Edtech startup Brightchamps valued at nearly $500 million with Premji Invest-led fundingPremji Invest has led a new round of funding of $51 million, along with participation from edtech-focused investor GSV Ventures, Flipkart c...
- Classplus completes ESOP buyback worth $1 millionClassplus will use the proceeds of the ESOP buyback to pay referral bonus to employees—an industry first, according to the company. Over 30...
- 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...
- Lead School bags $30 million from GSV Ventures and WestBridge CapitalThe edtech sector has seen a major rush of investments in the past year with the likes of Byju’s leading the pack
- 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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