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...
08 May, 2025, 05.04 PM IST
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...
02 Apr, 2025, 11.47 PM IST
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...
21 Oct, 2024, 10.24 AM IST
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...
19 Jul, 2023, 08.06 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
ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
19 Aug, 2022, 06.23 PM IST
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...
02 Aug, 2022, 11.15 PM IST
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...
15 Jul, 2022, 07.08 AM IST
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...
15 Jun, 2022, 09.55 PM IST
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.
20 Apr, 2022, 06.03 PM IST
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.
09 Oct, 2021, 11.26 AM 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
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 ...
03 Sep, 2021, 11.44 PM IST
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...
05 May, 2021, 09.50 AM IST
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...
30 Apr, 2021, 08.44 AM IST
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.
22 Feb, 2021, 06.13 AM IST
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.
17 Dec, 2020, 06.33 PM IST