Banks wary of credit on UPI by fintechs; layoffs at edtech unicorn Physics WallahIndian fintechs are eyeing credit lines on UPI as their next big growth opportunity but banks want to put the brakes on the growth of unsec...
20 Nov, 2023, 08.57 AM IST
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...
19 Nov, 2023, 08.01 PM IST
Byju's targets to reach break-even by March, hive off EpicByju's had earlier set the target to become profitable by March 2023. Byju's booked a loss of Rs 4,588 crore for fiscal year ended March 31...
01 Oct, 2023, 04.37 PM IST
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...
18 Jun, 2023, 10.29 PM IST
PhysicsWallah developing products to enter K-12 segmentIts plan to enter the K-12 segment comes at a time when funding has slowed down in the edtech sector, with investors becoming cautious as d...
21 Mar, 2023, 06.01 AM IST
PhysicsWallah forays into upskilling with iNeuron acquisitionThe startup, valued at $1.1 billion, startup will acquire iNeuron.ai from National Stock Exchange-listed publishing and education services ...
22 Dec, 2022, 08.34 PM IST
Consumer internet firms seek clarity on telecom bill; exclusive interview with Wipro CEOThey are seeking a clearer definition of “communication” and “over-the-top” service providers in the new rules, the sources said.
13 Oct, 2022, 07.42 AM IST
Physics Wallah makes two new acquisitionsThe acquisitions have come at a time when Physics Wallah is eyeing new acquihires this year, as it looks to expand geographically, strength...
13 Oct, 2022, 06.01 AM IST