Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...
19 May, 2026, 02.09 PM IST
UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
08 May, 2026, 12.51 AM IST
PhysicsWallah's slow Day 1; SoftBank exits NvidiaOn a busy day in the primary market, PhysicsWallah dragged its feet, while Pine Labs crossed the finish mark. This and more in today's ETte...
11 Nov, 2025, 08.12 PM IST
Unacademy now ‘default alive’, to cut cash burn to Rs 200 crore in 2025: CEO Gaurav MunjalUnacademy aims to reduce cash burn to under Rs 200 crore in 2025, a sharp drop from Rs 1,000 crore in 2021. CEO Gaurav Munjal says the star...
21 Apr, 2025, 07.41 PM IST
Late-stage investing is stuck as Indian companies still at 2021 valuations: SoftBank Vision Fund’s Sumer JunejaJuneja, managing partner, India & EMEA (Europe, Middle East and Africa) at SoftBank Investment Advisers, most of the top technology compani...
28 Aug, 2023, 01.05 PM IST
SoftBank sheds another 2% in Paytm; will approach GST Council on 28% tax once gaming rules in place: ChandrasekharIn May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...
18 Jul, 2023, 07.47 PM IST
Rajeev Misra steps back at SoftBank to launch new fundRajeev Misra, who has led the SoftBank Vision Fund since 2017 when it raised $100 billion, the largest pool of private capital, is likely t...
03 Jul, 2023, 08.54 AM IST
Eruditus FY22 revenue up 87%; loss excluding exceptional items at $66 millionIn the financial year ending FY21, Eruditus had reported a cash loss of $31 million, filings reviewed by ET showed. The Mumbai-based edtech...
03 Apr, 2023, 05.25 PM IST
SoftBank India head Sumer Juneja gets larger role, to also oversee Europe, Middle EastSoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...
20 Aug, 2022, 11.35 AM IST
SoftBank to slash investments after $26 billion Vision Fund loss: Masayoshi SonAmong Indian listed portfolio companies, SoftBank reported unrealised loss of $600 million as of FY22 from $1.4 billion investment in Paytm
12 May, 2022, 07.47 PM IST
SoftBank Vision Fund elevates Sumer Juneja to managing partner positionSumer Juneja joined SoftBank Vision Fund in 2018 as partner and head of India and has since led investments in Swiggy, Meesho and Eruditus.
23 Nov, 2021, 11.06 AM IST
ETtech Deals Digest: The unicorn stampedeIndia minted another unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companie...
01 Oct, 2021, 06.26 PM IST
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...
01 Oct, 2021, 03.13 PM IST
SoftBank lines up over $1 billion in Q1 to fuel startup boomThis is in line with SoftBank’s global approach where it made several big-ticket investments in tech startups last week.
16 Apr, 2021, 10.26 AM IST
Unacademy makes its fifth acquisition of 2020 in NeoStencilUnacademy, India’s second-most valued edtech startup, has acquired Neostencil for an undisclosed sum to grow its footprint in Tier II and T...
30 Dec, 2020, 10.02 PM IST
SoftBank Vision Fund will invest early; back enterprise, SaaS companies: Rajeev MisraSoftBank Vision Fund may fund SaaS firm MindTickle; expects some portfolio firms to list next year
12 Nov, 2020, 05.00 AM IST
Former Housing.com co-founder's edtech firm Genius raises $2 million fundingAfter launching its business-to-consumer platform, Sharma plans to expand the service to about 500,000 paid subscribers in next 9-12 months
19 Oct, 2020, 06.18 AM IST