2025 Year in Review: IPO, offline push and M&As change maths for test-prep sectorIndia’s test-preparation segment stayed resilient in 2025 even as large parts of edtech grappled with post-pandemic fatigue, slower enrolme...
25 Dec, 2025, 06.00 AM IST
Aakash CFO Vipan Joshi steps down amid senior-level exits, funding challengesThis follows the exit in August of managing director and chief executive officer Deepak Mehrotra, who served in the role for a little over ...
04 Nov, 2025, 10.03 PM IST
Test-prep platform Allen’s FY25 net profit plunges to Rs 41 croreAllen Career Institute’s net profit fell sharply in fiscal 2025 despite steady revenue. The drop is due to a shift away from its Kota base ...
20 Oct, 2025, 06.00 AM IST
Unacademy’s FY24 losses narrow 62%, revenue declines 7% as business shrinksThe SoftBank-backed edtech startup, which has undergone multiple restructuring exercises, logged operating revenue of Rs 840 crore, down 7%...
17 Dec, 2024, 11.12 PM IST
Unacademy-Allen deal; Swiggy Q2 earningsHappy Wednesday! Unacademy and Allen Career Institute have been in talks to strike a deal but the terms are yet unclear. We have details of...
04 Dec, 2024, 01.09 PM IST
Unacademy fires 250 employees in fresh round of layoffsUnacademy layoffs: Unacademy has laid off around 100 people from core functions like business development and marketing and the rest are fr...
02 Jul, 2024, 08.25 PM IST
FY23 earnings for Unacademy, Myntra; Union Bank staff spurn digital currency perksFY23 results for Myntra, ZestMoney, Curefoods, Unacademy, Sugar Cosmetics, and Kapiva presented a mixed picture on Wednesday, with surging ...
03 Jan, 2024, 07.36 PM IST
Byju's aftermath: VC firm Blume Ventures cutting back on “frivolous” investmentsBlume Ventures, which manages $625 million in assets, is cutting back on “frivolous” investments as it pushes portfolio companies to increa...
07 Jul, 2023, 12.43 PM IST
BlackRock, Invesco mark down Byju’s, Swiggy holdings as tech valuations correctWhile BlackRock has slashed Byju’s valuation by nearly 50%, Invesco has cut Swiggy’s stake value by over 23%.
01 Apr, 2023, 12.25 AM IST
Byju’s continues to cut jobs, another 1,000 employees laid offThe layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...
02 Feb, 2023, 10.13 PM IST
Government airs concerns over complaints against edtech companiesComplaints against Byju’s and group entities were highlighted during a discussion, as the edtech leader caters to a large student base, peo...
15 Jul, 2022, 03.08 PM IST
Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rateFellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...
12 Jul, 2022, 06.58 AM IST
Unacademy lays off 1,000 employees; Coinbase in India ‘for the long haul’Unacademy, the edtech giant that began as a YouTube channel in 2015, has laid off around 1,000 employees over the past few weeks as part of...
07 Apr, 2022, 06.54 PM IST
Vedantu turns unicorn after $100-million fundingVedantu has raised $100 million in a new funding round led by Temasek-backed ABC World Asia, catapulting it into the unicorn club. more inv...
29 Sep, 2021, 07.53 PM IST
Acceleration in edutech growth will sustain post Covid-19: ETILC membersAccording to a report by RedSeer and Omidyar Network India, the online education market for class 1-12 is projected to increase 6.3 times i...
26 Feb, 2021, 02.48 PM IST
ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernautTata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing ...
19 Feb, 2021, 09.03 PM IST
Unacademy information on sale on the darkwebAccording to Cyble, the database including usernames, emails and passwords was up for sale on May 3 for $2,000.
08 May, 2020, 04.44 PM IST