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SCHOOL 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...
- 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...
- Edtech unicorn Lead Group logs flat FY25 revenue, cuts its losses 69%Lead Group’s cofounder and chief executive Sumeet Mehta told ET that the revenue remained flat because the company had lost a number of sch...
- 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...
- Edtech’s AI push has its share of doubting ThomasesHigher education, upskilling platforms likely to benefit more than startups servicing schools and students on large scale
- 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...
- Edtech unicorn Lead Group appoints new CGO, CFOWhile Arpit Jain will spearhead the finance and legal functions of the group, CGO Arvind Singhal will be tasked with providing a comprehens...
- 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.
- Edtech unicorn Lead to acquire Pearson’s India K-12 businessLead's cofounder and chief executive Sumeet Mehta said the acquisition will help the company expand its network to 9,000 schools from aroun...
- B2C edtech firms must learn to adapt: Lead cofounder Smita DeorahSmita Deorah, cofounder and co-CEO of school edtech unicorn Lead, said the adoption of online edtech solutions grew during Covid-19 as scho...
- Vedantu lays off another 100 employees after sacking 624 in MayInterestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercis...
- View: The world is looking at India to show the way in EdTechWhat is common among these edtech unicorns? The founder of PhysicsWallah (PW), Alakh Pandey, comes from a modest background in Allahabad, s...
- Online learning platform Physics Wallah enters unicorn club with $100 million fundingWestBridge Capital and GSV Ventures lead the funding round valuing the edtech startup at $1.1 billion
- Vedantu says it is laying off another 424 employeesVedantu had earlier fired 200 of its contractual and full-time employees, amid cratering demand for online education, owing to the opening ...
- 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.
- Online mentoring platform MyCaptain raises $3 million in fundingThe company plans to use the proceeds from the current raise to scale its course offerings, acquire more users as well as grow its team wit...
- 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...
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