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SIMPLILEARN REVENUE REPORT
UpGrad halves losses in FY25, posts 5% topline growthThe higher education and upskilling firm posted a net loss of Rs 274 crore, compared with Rs 560 crore in FY24. Its operating revenue incre...- Upgrad appoints former G20 sherpa Amitabh Kant as independent directorThis follows the higher-education and upskilling company ramping up its global expansion plans and eyeing a potential public listing in the...
- Blackstone eyes majority stake in Jaipur school operator Jayshree Periwal; plans $700 million education platformUS private equity giant Blackstone is in advanced talks to buy a majority stake in Jaipur-based Globetrotters Educational Innoventions, the...
- Upskilling cos tailor courses as H-1B fee hike upends plansThe sharp rise in H-1B visa fees is prompting students and professionals to reconsider their study choices, universities, and careers. Non-...
- Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
- Simplilearn posts slower growth in FY24, but cuts lossSimplilearn with its main offices in Bengaluru and Texas had in the last fiscal year cut down on experiments including servicing new consum...
- Gen Z laps up ethnic fashion brands; Warburg Pincus-Whatfix dealHappy Wednesday! Ethnic wear brands are gaining prominence among young working professionals and, in the process, attracting investor inter...
- Simplilearn eyes 35-40% revenue growth in FY25Simplilearn, owned by Blackstone, aims for 35-40% revenue growth in fiscal 2025 after restructuring and focusing on core areas. It targets ...
- Simplilearn cuts down on experiments, costs to prep for IPO by 2026Simplilearn, led by Krishna Kumar, aims for profitability, with focus on partnerships and core profitability metrics. The company targets c...
- Eruditus joins queue of reverse flips by Indian startups, weighs IPOEdtech unicorn Eruditus is planning a shift in domicile from Singapore to India, or reverse flipping, and joins the growing list of Indian ...
- Indian edtech companies eye larger offline play in post-pandemic worldThe edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms o...
- Eruditus’ FY23 revenue jumps 63% to $400 millionRevenue rose to $400 million (around Rs 3,280 crore as per current exchange rates) in 2022-23 from $245 million the previous year, said Ash...
- Huge scope for hardware startups: ETSA winner; Simplilearn buys NY’s Fullstack AcademySolinas Integrity is one of a handful of startups out to prove that Indian hardware companies can be just as successful as their software p...
- Blackstone's edtech bet; GlobalBees and Spinny score bigFrom Blackstone's newest edtech bet to GlobalBees's $150 million fundraising and the latest on the Pegasus spyware, here's a quick look at ...
- Unacademy concludes $50 million secondary share saleTiger Global, Dragoneer, Steadview Capital and General Atlantic have purchased $50 million Unacademy shares from existing investors to incr...
- Cybersecurity first responders in demandIndia’s cybersecurity market is projected to grow to $35 billion by 2025, according to Nasscom. Currently, more than 30,000 cybersecurity j...
- With expansion plans, Ed-tech companies hire top talent at high packagesCompanies such as UpGrad, iNurture, Simplilearn, Toppr, Pearson, Emeritus, Imarticus are hiring CXOs as they are entering new geographies a...
- New-age education companies are luring top talent with crore-rupee packagesCompanies such as UpGrad, iNurture, Simplilearn, Toppr, Pearson, Emeritus, Imarticus are hiring CXOs as they are entering new geographies a...
- Re-skilling: Education-technology platforms vying to cash in on opportunities in IndiaOnline education was a somewhat nondescript industry in India until a few months ago when a report by consulting firm McKinsey & Co created...
- Foreigners drawn to e-classes in BengaluruIndian e-learning startups, eager to capitalise on the global boom in big data analytics, are raking in the majority of their revenues from...
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