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Unacademy launches gamified app for UPSC aspirantsThe new experiment at the Bengaluru-based startup comes at a time when the company is facing intense pressure to show profitability as Covi...- Unacademy cuts another 350 jobs in second round of layoffsUnacademy CEO Gaurav Munjal said employees being laid off will receive severance pay equivalent of their notice period and an additional tw...
- Edtech companies need to rework models to keep parents happyThe survey covered 521 parents to understand their experience with edtech offerings in the K-12 and JEE-NEET preparation segments.
- Startups shed flab amid slowdown in large funding roundsThe trend is likely to play out further, though the early-stage funding ecosystem has yet to significantly taper off. Investors have begun ...
- Elevation raises $670M India fund; edtech giant lays off 1,000 employeesElevation Capital, which invested in around 30 Indian startups last year alone, has closed its latest India-dedicated fund at $670 million.
- What’s next for Unacademy as it slashes 1,000 jobs in a massive cost-cutting exerciseAccording to people aware of the matter, out of the 1,000 employees who have been fired in the past few weeks, about 300 were educators on ...
- Unacademy lays off 1,000 employees; Coinbase in India ‘for the long haul’Unacademy, the edtech giant that began as a YouTube channel in 2015, has laid off around 1,000 employees over the past few weeks as part of...
- Unacademy announces its biggest ESOP buyback worth $10.5 millionEdtech startup Unacademy has announced its biggest ESOPs buyback, its third so far, barely a month after it rolled out an industry-first te...
- Unacademy allocates $20 million to group firm Relevel"The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company p...
- Unacademy shuts Mastree after a year of acquisitionUnacademy had invested $5 million in Mastree in July last year as it wanted to strengthen its presence in the K-12 learning space. Mastree ...
- Unacademy in talks to invest in school chain OrchidWith this move, the edtech startup will enter the K-12 segment where Byju's dominates
- Acceleration in edutech growth will sustain post Covid-19: ETILC membersAccording to a report by RedSeer and Omidyar Network India, the online education market for class 1-12 is projected to increase 6.3 times i...
- ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernautTata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing ...
- Unacademy acquires majority stake in TapChiefTapChief is Unacademy’s seventh acquisition in the past 12 months, and will enable the edtech startup to build Unacademy Pro.
- ETtech Evening Briefing on Feb. 16, 2021: Greta’s toolkit explainedShared by Greta Thunberg on February 4, the protest toolkit has been spoken about endlessly since the arrest of 21-year-old climate activis...
- Unacademy plans to launch Rs 30 crore-ESOP buyback offerThe edutech space has seen strong growth globally with the COVID-19 pandemic serving as an inflection point, with rapid growth seen in the ...
- Unacademy acquires test preparation startup CoursavyThis is Unacademy’s fourth acquisition this year, after Kreatryx, PrepLadder and more recently CodeChef.
- Once-in-a-century Covid crisis is unleashing a new wave of mergers and acquisitionsWhile deals are fewer at an aggregate level since the beginning of the pandemic, deal activity is in sharp contrast with the contraction in...
- Startups combine forces to tide over tough timesDoctor consultation app DocsApp's merger with Bengaluru-based MediBuddy to expand its reach and enter new service categories was a key M&A ...
- Unacademy takes majority stake in Mastree for $5 millionThe startup, founded by Shrey Goyal and Royal Jain, is building an online subscription service for STEAM courses for students in grades 5-8.
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