Searched for
TEMASEK INVESTMENT IN EDTECH
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...- Vedantu raises $11 million via convertible notes, eyes IPO next yearEdtech unicorn Vedantu has raised $11 million through convertible notes, led by ABC World Asia, to drive organic and inorganic expansion, t...
- Edtech startup Vedantu raises $11 million from existing investors as part of larger roundVedantu has secured $11 million through convertible notes led by ABC World Asia, with participation from Accel India and Omidyar Network. T...
- Vedantu turns profitable in Q4 FY25 with record collections: CEO Vamsi KrishnaFounded in 2011 by Krishna, Anand Prakash, Saurabh Saxena, and Pulkit Jain, the K12 edtech firm became a unicorn in September 2021 after ra...
- Eruditus FY24 Ebitda loss narrows, founder cites focus on profitabilityEruditus was among the few edtech startups to have raised capital last year. It raised $150 million at a flat valuation of $3.2 billion pos...
- Upgrad secures $60 million from Temasek at $2.25 billion valuationTemasek, Singapore's sovereign wealth fund, has invested an additional $60 million into Upgrad, maintaining the higher education and upskil...
- GST officials visit UpGrad office; routine survey, says companyThe news comes a day after ET reported that the directors of embattled edtech major Byju’s parent, Think and Learn Pvt Ltd, may be summoned...
- 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, ...
- ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
- 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...
- Govt pulls up edtech firms over complaints; Twitter takedown orders proportional to user base, says MeitYIndia’s consumer affairs department has raised concerns about the large number of complaints against these companies, especially the bigges...
- Edtech unicorn UpGrad raises $225 million in funding, doubles valuationUpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Mu...
- Eruditus founder’s family office backs venture debt fund Innoven with $32 millionWith this Ashwin Damera is now the second-largest LP (limited partner) in the fund.
- Byju's raising Rs 2,200 crore in new round at $18 billion valuationThis is part of a broader funding round that could see the Bengaluru-based edtech major raise as much as $1.5 billion.
- 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 ...
- Teachmint raises $16.5 million in funding led by Learn CapitalThe startup plans to use the funds raised for hiring talent, R&D on teaching technology, strategic acquisitions, and further market expansi...
- Byju's to raise $150 million in funding from UBS at $16.5 billion valuationThe investment will catapult the Bengaluru-based firm as India’s most valuable startup, ahead of digital payments giant Paytm, which is cur...
- Edtech startup Lido Learning seeks $30 million funding from TemasekEdtech startup Lido Learning would be valued at $100 million if the latest round of funding goes through.
- Info Edge Ventures raises Rs 375 crore from Temasek as part of larger fundThe move by Temasek is aimed at getting a foot in the door in India’s burgeoning early-stage startup investing ecosystem in the country.
Load More
